[Federal Register Volume 66, Number 161 (Monday, August 20, 2001)]
[Notices]
[Pages 43588-43589]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 01-20845]


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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 September 11, 2001.
    A. Federal Reserve Bank of Boston (Richard Walker, Community 
Affairs Officer) 600 Atlantic Avenue, Boston, Massachusetts 02106-2204:
    1. The Royal Bank of Scotland Group plc, Edinburgh, Scotland, The 
Royal Bank of Scotland plc, Edinburgh, Scotland, RBSG International 
Holdings Ltd, Edinburgh, Scotland, and Citizens Financial Group, Inc., 
Providence, Rhode Island; to acquire 100 percent of the voting shares 
of Citizens Bank of Pennsylvania (in formation), Philadelphia, 
Pennsylvania, and thereby indirectly acquire 100 percent of the voting 
shares of Citizens Bank (in formation), Wilmington, Delaware. These 
banks are being formed to acquire and operate most of the retail branch 
network of subsidiary banks of Mellon Bank, N.A., Pittsburgh, 
Pennsylvania, and Mellon Bank (DE), National Association, Wilmington, 
Delaware, and certain other businesses of Mellon.
    B. Federal Reserve Bank of Atlanta (Cynthia C. Goodwin, Vice 
President) 1000 Peachtree Street, N.E., Atlanta, Georgia 30309-4470:
    1. United Community Banks, Inc., Blairsville, Georgia; to merge 
with Peoples Bancorp, Inc., Carrollton, Georgia, and thereby indirectly 
acquire Peoples Bank of West Georgia, Carrollton, Georgia.
    C. Federal Reserve Bank of Chicago (Phillip Jackson, Applications 
Officer) 230 South LaSalle Street, Chicago, Illinois 60690-1414:

[[Page 43589]]

    1. Mid-Iowa Bancshares, Co., Algona, Iowa; to acquire in excess of 
5 percent but not to exceed 10 percent of the voting shares of Horizon 
Bank (in organization), Encino, California.
    D. Federal Reserve Bank of Minneapolis (JoAnne F. Lewellen, 
Assistant Vice President) 90 Hennepin Avenue, Minneapolis, Minnesota 
55480-0291:
    1. Citizens Bank Holding Company, Finley, North Dakota; to merge 
with First Sharon Holding Company, Inc., Aneta, North Dakota, and 
thereby indirectly acquire First State Bank of Sharon, Sharon, North 
Dakota.
    E. Federal Reserve Bank of Kansas City (Susan Zubradt, Assistant 
Vice President) 925 Grand Avenue, Kansas City, Missouri 64198-0001:
    1. Howard County Land and Cattle Company, Grand Island, Nebraska; 
to acquire 80 percent of the voting shares of Citizens National Bank in 
Loup City, Loup City, Nebraska (in formation).
    F. Federal Reserve Bank of San Francisco (Maria Villanueva, 
Consumer Regulation Group) 101 Market Street, San Francisco, California 
94105-1579:
    1. National Mercantile Bancorp, Los Angeles, California; to acquire 
100 percent of the voting shares of South Bay Bank, N.A., Torrance, 
California.

    Board of Governors of the Federal Reserve System, August 14, 
2001.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. 01-20845 Filed 8-17-01; 8:45 am]
BILLING CODE 6210-01-S