[Federal Register Volume 66, Number 172 (Wednesday, September 5, 2001)]
[Notices]
[Pages 46462-46463]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 01-22168]


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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

[[Page 46463]]

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 Minneapolis (JoAnne F. Lewellen, 
Assistant Vice President) 90 Hennepin Avenue, Minneapolis, Minnesota 
55480-0291:
    1. Frandsen Financial Corporation, Arden Hills, Minnesota; to 
acquire 100 percent of the voting shares of F&M Bank Minnesota, Dundas, 
Minnesota.
    B. Federal Reserve Bank of Dallas (W. Arthur Tribble, Vice 
President) 2200 North Pearl Street, Dallas, Texas 75201-2272:
    1. Spector Holdings Management, LLC, San Antonio, Texas; to become 
a bank holding company by acquiring 1 percent of the voting shares of, 
and become the general partner of, Spector Holdings Limited 
Partnership, San Antonio, Texas, and thereby indirectly acquire voting 
shares of Luling Bancshares, Inc., Luling, Texas, Luling Delaware 
Financial Corporation, Dover, Delaware, and Citizens State Bank, 
Luling, Texas.
    In connection with this application, Spector Holdings Limited 
Partnership, San Antonio, Texas, has applied to become a bank holding 
by acquiring 57.9 percent of the voting shares of Luling Bancshares, 
Inc., Luling, Texas, and thereby indirectly acquire voting shares of 
Luling Delaware Financial Corporation, Dover, Delaware, and Citizens 
State Bank, Luling, Texas.
    Also, Luling Bancshares, Inc., Luling, Texas, has applied to become 
a bank holding company by acquiring 100 percent of the voting shares of 
Luling Delaware Financial Corporation, Dover, Delaware, and Citizens 
State Bank, Luling, Texas. Luling Delaware Financial Corporation also 
has applied to become a bank holding company.

    Board of Governors of the Federal Reserve System, August 29, 
2001.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. 01-22168 Filed 9-4-01; 8:45 am]
BILLING CODE 6210-01-S