[Federal Register Volume 66, Number 177 (Wednesday, September 12, 2001)]
[Notices]
[Page 47489]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 01-22817]


-----------------------------------------------------------------------

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 October 5, 2001.
    A. Federal Reserve Bank of Philadelphia (Michael E. Collins, Senior 
Vice President) 100 North 6th Street, Philadelphia, Pennsylvania 19105-
1521:
    1. Sun Bancorp, Inc., Vineland, New Jersey; to acquire Delaware 
City Bank, Delaware City, Delaware.
    In connection with this application, Applicant has applied to 
acquire the Delaware City Building and Loan Association, Delaware City, 
Delaware (``Association''), and engage in operating a savings 
association, pursuant to Sec.  225.28(b)(4)(ii) of Regulation Y. 
Association proposes to merge with Sun's existing subsidiary, Sun 
National Bank, Delaware, Wilmington, Delaware.
    B. Federal Reserve Bank of Richmond (A. Linwood Gill, III, Vice 
President) 701 East Byrd Street, Richmond, Virginia 23261-4528:
    1. BB&T Corporation, Winston-Salem, North Carolina; to merge with 
Community First Banking Company, Carrollton, Georgia, and thereby 
indirectly acquire Community First Bank, Carrollton, Georgia.
    C. Federal Reserve Bank of Dallas (W. Arthur Tribble, Vice 
President) 2200 North Pearl Street, Dallas, Texas 75201-2272:
    1. Overton Financial Corporation, Overton, Texas and Overton 
Delaware Corporation, Dover, Delaware; to acquire .93 percent, for a 
total of 25.3 percent, the voting shares of Longview Financial 
Corporation, Longview, Texas, and thereby indirectly acquire shares of 
Longview Bank and Trust, Longview, Texas, and First State Bank, Van, 
Texas.

    Board of Governors of the Federal Reserve System, September 6, 
2001.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. 01-22817 Filed 9-11-01; 8:45 am]
BILLING CODE 6210-01-S