[Federal Register Volume 69, Number 41 (Tuesday, March 2, 2004)]
[Notices]
[Page 9828]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 04-4525]


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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 March 26, 2004.
    A. Federal Reserve Bank of Richmond (A. Linwood Gill, III, Vice 
President) 701 East Byrd Street, Richmond, Virginia 23261-4528:
    1. TransCommunity Bankshares Incorporated, Glen Allen, Virginia; to 
acquire 100 percent of the voting shares of Bank of Louisa, National 
Association, Louisa, Virginia, an organizing bank.
    B. Federal Reserve Bank of Atlanta (Sue Costello, Vice President) 
1000 Peachtree Street, N.E., Atlanta, Georgia 30303:
    1. New Regions Financial Corporation, Birmingham, Alabama; to 
become a bank holding company by acquiring 100 percent of the voting 
shares of Regions Financial Corporation, and indirectly acquire Regions 
Bank, both of Birmingham, Alabama.
    2. New Regions Financial Corporation, Birmingham, Alabama; to merge 
with Union Planters Corporation, Memphis, Tennessee, and thereby 
indirectly acquire Union Planters Holding Corporation, Memphis, 
Tennessee; Union Planters Bank, N.A., Memphis, Tennessee; Franklin 
Financial Group, Inc., Morristown, Tennessee; and Union Planters Bank 
of Lakeway Area, Morristown,Tennessee.
    In connection with this application, Applicant also has applied to 
acquire Regions Morgan Keegan Trust, F.S.B., Birmingham, Alabama, and 
thereby engage in operating a savings association, pursuant to section 
225.28(b)(4)(ii) of Regulation Y.

    Board of Governors of the Federal Reserve System, February 25, 
2004.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. 04-4525 Filed 3-1-04; 8:45 am]
BILLING CODE 6210-01-S