[Federal Register Volume 68, Number 23 (Tuesday, February 4, 2003)]
[Notices]
[Pages 5639-5640]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-2470]


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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 Web site 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 March 3, 2003.
    A. Federal Reserve Bank of Cleveland (Stephen J. Ong, Vice 
President) 1455 East Sixth Street, Cleveland, Ohio 44101-2566:

[[Page 5640]]

    1. Wayne Bancorp, Inc., Wooster, Ohio; to merge with Banc Services 
Corp., Orrville, Ohio, and thereby indirectly acquire voting shares of 
Savings Bank & Trust Company, Orrville, Ohio.
    In addition Applicant has applied to acquire Banc Services Corp. 
Access Financial Corporation, Massillon, Ohio, and thereby engage in 
extending credit and servicing loans pursuant to sections 225.25(b)(1) 
and (2) of Regulation Y.
    B. Federal Reserve Bank of Atlanta (Sue Costello, Vice President) 
1000 Peachtree Street, N.E., Atlanta, Georgia 30303:
    1. Morton Bancorp, Inc., Morton, Mississippi; to become a bank 
holding company by acquiring 100 percent of the voting shares of Bank 
of Morton, Morton, Mississippi.
    C. Federal Reserve Bank of Chicago (Phillip Jackson, Applications 
Officer) 230 South LaSalle Street, Chicago, Illinois 60690-1414:
    1. Standard Bancshares, Inc., Hickory Hills, Illinois; to acquire 
100 percent of the voting shares of East Side Bancorporation, Inc., 
Chicago, Illinois, and thereby indirectly acquire BankChicago, Chicago, 
Illinois.
    D. Federal Reserve Bank of San Francisco (Maria Villanueva, 
Consumer Regulation Group) 101 Market Street, San Francisco, California 
94105-1579:
    1. The Wakashio Bank, Ltd.; to become a bank holding company by 
merging with Sumitomo Mitsui Banking Corporation, both of Tokyo, Japan, 
and thereby indirectly acquire 100 percent of the voting shares of 
Manufacturers Bank, Los Angeles, California.

    Board of Governors of the Federal Reserve System, January 23, 
2003.
Jennifer J. Johnson,
Secretary of the Board.
[FR Doc. 03-2470 Filed 2-3-03; 8:45 am]
BILLING CODE 6210-01-M