[Federal Register Volume 67, Number 85 (Thursday, May 2, 2002)]
[Notices]
[Page 22084]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 02-10812]


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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 May 28, 2002.
    A. Federal Reserve Bank of Richmond (A. Linwood Gill, III, Vice 
President) 701 East Byrd Street, Richmond, Virginia 23261-4528:
    1. Access National Corporation, Chantilly, Virginia; to become a 
bank holding company by acquiring 100 percent of the voting shares of 
Access National Bank, Chantilly, Virginia.
    B. Federal Reserve Bank of St. Louis (Randall C. Sumner, Vice 
President) 411 Locust Street, St. Louis, Missouri 63166-2034:
    1. Citizens Cumberland Bancshares, Inc., Burkesville, Kentucky; to 
become a bank holding company by acquiring 100 percent of the voting 
shares of Citizens Bank of Cumberland County, Inc., Burkesville, 
Kentucky.
    C. Federal Reserve Bank of Minneapolis (Julie Stackhouse, Vice 
President) 90 Hennepin Avenue, Minneapolis, Minnesota 55480-0291:
    1. Wadena Bankshares, Inc., Wadena, Minnesota; to acquire 100 
percent of the voting shares of Baron Bancshares II, Inc., White Bear 
Lake, Minnesota, and thereby indirectly acquire voting shares of 
Security State Bank of Deer Creek, Deer Creek, Minnesota.
    D. Federal Reserve Bank of Kansas City (Susan Zubradt, Assistant 
Vice President) 925 Grand Avenue, Kansas City, Missouri 64198-0001:
    1. Meader Insurance Agency, Inc., Waverly, Kansas; to acquire up to 
11 percent of the voting shares of 1st Financial Bancshares, Inc., 
Shawnee Mission, Kansas, and thereby indirectly acquire voting shares 
of 1st Financial Bank, Overland Park, Kansas, and Centerville State 
Bank, Centerville, Kansas.
    In connection with this application, Applicant also has applied to 
indirectly acquire Sylvan Agency, Inc., Sylvan Grove, Kansas, and 
engage in general insurance activities in a place that has a population 
not exceeding 5,000, pursuant to Sec.  225.28(b)(11)(iii)(A) of 
Regulation Y.

    Board of Governors of the Federal Reserve System, April 26, 
2002.
Margaret McCloskey Shanks,
Assistant Secretary of the Board.
[FR Doc. 02-10812 Filed 5-1-02; 8:45 am]
BILLING CODE 6210-01-S