[Federal Register Volume 65, Number 243 (Monday, December 18, 2000)]
[Notices]
[Pages 79104-79105]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 00-32098]


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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 January 11, 2001.
    A. Federal Reserve Bank of Atlanta (Cynthia C. Goodwin, Vice 
President) 104 Marietta Street, N.W., Atlanta, Georgia 30303-2713:
    1. Summit Bank Corporation, Atlanta, Georgia; to acquire at least 
35 percent and up to 100 percent of the voting shares of Global 
Commerce Bank, Doraville, Georgia.
    B. Federal Reserve Bank of Chicago (Phillip Jackson, Applications 
Officer) 230 South LaSalle Street, Chicago, Illinois 60690-1414:
    1. Indiana United Bancorp, Greensburg, Indiana; to acquire 100 
percent of the voting shares of Regional Bank, New Albany, Indiana 
(also known as Regional FSB),which will convert to a state chartered 
commercial bank.
    2. Worth Bancorp, Spartanburg, Indiana; to become a bank holding 
company by acquiring 100 percent of the voting shares of Worth Bank (in 
organization), Spartanburg, Indiana.
    C. Federal Reserve Bank of Minneapolis (JoAnne F. Lewellen, 
Assistant Vice President) 90 Hennepin Avenue, Minneapolis, Minnesota 
55480-0291:
    1. Remada Financial Holdings, Inc., Minnetonka, Minnesota; to 
become a bank holding company by acquiring 100 percent of the voting 
shares of Claremont Financial Services, Inc., St. Paul, Minnesota, and 
thereby indirectly acquire voting shares of Alliance Bank of Blooming 
Prairie, Blooming Prairie, Minnesota.
    D. Federal Reserve Bank of Dallas (W. Arthur Tribble, Vice 
President) 2200 North Pearl Street, Dallas, Texas 75201-2272:
    1. Dickinson Holdings, Inc., Dickinson, Texas, and Dickinson 
Holdings of Delaware, Inc., Wilmington, Delaware; to become bank 
holding companies by acquiring 100 percent of the voting shares of 
Citizens State Bank of Dickinson, Dickinson, Texas, and League City 
Bank & Trust, League City, Texas.


[[Page 79105]]


    Board of Governors of the Federal Reserve System, December 12, 
2000.
Robert deV. Frierson,
Associate Secretary of the Board.
[FR Doc. 00-32098 Filed 12-15-00; 8:45 am]
BILLING CODE 6210-01-S