[Federal Register Volume 70, Number 108 (Tuesday, June 7, 2005)]
[Notices]
[Pages 33144-33145]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 05-11211]


=======================================================================
-----------------------------------------------------------------------

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 June 30, 2005.
    A. Federal Reserve Bank of Atlanta (Andre Anderson, Vice President) 
1000 Peachtree Street, N.E., Atlanta, Georgia 30303:
    1. Mountain Valley Bancshares, Inc., Cleveland, Georgia; to become 
a bank holding company by acquiring 100 percent of the voting shares of 
Mountain Valley Community Bank, Cleveland, Georgia.
    B. Federal Reserve Bank of Chicago (Patrick M. Wilder, Assistant 
Vice

[[Page 33145]]

President) 230 South LaSalle Street, Chicago, Illinois 60690-1414:
    1. Albany Bancshares, Inc., Albany, Illinois; to acquire 100 
percent of the voting shares of Hillsdale Development Corporation, 
Hillsdale, Illinois, and thereby indirectly acquire voting shares of 
Old Farmers & Merchants State Bank, Hillsdale, Illinois.
    C. Federal Reserve Bank of Minneapolis (Jacqueline G. Nicholas, 
Community Affairs Officer) 90 Hennepin Avenue, Minneapolis, Minnesota 
55480-0291:
    1. Menahga Bancshares, Inc., Menahga, Minnesota; to merge with 
Sebeka Bancshares, Inc., Sebeka, Minnesota, and thereby indirectly 
acquire voting shares of Security State Bank of Sebeka, Minnesota.
    2. St. Joseph Bancshares Acquisitions, Inc., St. Joseph, Minnesota; 
to become a bank holding company by acquiring 100 percent of the voting 
shares of St. Joseph Bancshares, Inc., St. Joseph, Minnesota, and 
thereby indirectly acquire First State Bank of St. Joseph, St. Joseph, 
Minnesota.
    D. Federal Reserve Bank of Dallas (W. Arthur Tribble, Vice 
President) 2200 North Pearl Street, Dallas, Texas 75201-2272:
    1. Pilot Point Bancorp, Inc., ESOP, Pilot Point, Texas; to become a 
bank holding company by acquiring 26.05 percent of the voting shares of 
Pilot Point Bancorp, Inc., Pilot Point, Texas, and thereby indirectly 
acquire PointBank, Pilot Point, Texas.

    Board of Governors of the Federal Reserve System, June 1, 2005.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. 05-11211 Filed 6-6-05; 8:45 am]
BILLING CODE 6210-01-S