[Federal Register Volume 66, Number 171 (Tuesday, September 4, 2001)]
[Notices]
[Page 46281]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 01-22077]


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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 28, 2001.
    A. Federal Reserve Bank of Cleveland (Paul Kaboth, Banking 
Supervision) 1455 East Sixth Street, Cleveland, Ohio 44101-2566:
    1. Second Bancorp Incorporated, Warren, Ohio; to merge with 
Commerce Exchange Corporation, Beachwood, Ohio, and thereby indirectly 
acquire Commerce Exchange Bank, Beachwood, Ohio.
    2. Whitaker Bank Corporation of Kentucky, Lexington, Kentucky; to 
acquire 100 percent of the voting shares of Citizens National Bank & 
Trust of Hazard, Hazard, Kentucky.
    B. Federal Reserve Bank of Atlanta (Cynthia C. Goodwin, Vice 
President) 1000 Peachtree Street, N.E., Atlanta, Georgia 30309-4470:
    1. Grand Bankshares, Inc., West Palm Beach, Florida; to become a 
bank holding company by acquiring 100 percent of the voting shares of 
Grand Bank of Florida, West Palm Beach, Florida.
    2. The Colonial BancGroup, Inc., Montgomery, Alabama; to merge with 
Manufacturers Bancshares, Inc., Tampa, Florida, and thereby indirectly 
acquire Manufacturers Bank of Florida, Tampa, Florida.
    C. Federal Reserve Bank of Chicago (Phillip Jackson, Applications 
Officer) 230 South LaSalle Street, Chicago, Illinois 60690-1414:
    1. Capitol Bancorp, Inc., Lansing, Michigan; Sun Community Bancorp 
Limited, Phoenix, Arizona; and Nevada Community Bancorp Limited, Las 
Vegas, Nevada, to acquire 51 percent of the voting shares of Bank of 
Las Vegas, Las Vegas, Nevada.
    2. Capitol Bancorp, Inc. , Lansing, Michigan; Sun Community Bancorp 
Limited, Phoenix, Arizona; and First California Northern Bancorp, Napa, 
California; to acquire 51 percent of the voting shares of Napa 
Community Bank, Napa, California (in organization). First California 
Northern Bancorp also has applied to become a bank holding company.
    D. Federal Reserve Bank of San Francisco (Maria Villanueva, 
Consumer Regulation Group) 101 Market Street, San Francisco, California 
94105-1579:
    1. Greater Bay Bancorp, Palo Alto, California; to merge with SJNB 
Financial Corp., San Jose, California, and thereby indirectly acquire 
San Jose National Bank, San Jose, California.

    Board of Governors of the Federal Reserve System, August 28, 
2001.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. 01-22077 Filed 8-31-01; 8:45 am]
BILLING CODE 6210-01-S