[Federal Register Volume 71, Number 105 (Thursday, June 1, 2006)]
[Notices]
[Pages 31190-31191]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E6-8506]


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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.)

[[Page 31191]]

(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 26, 2006.
    A. Federal Reserve Bank of Richmond (A. Linwood Gill, III, Vice 
President) 701 East Byrd Street, Richmond, Virginia 23261-4528:
    1. New Century Bancorp, Inc., Dunn, North Carolina; to acquire 100 
percent of the voting shares of Progressive State Bank, Lumberton, 
North Carolina.

    Board of Governors of the Federal Reserve System, May 26, 2006.
Jennifer J. Johnson,
Secretary of the Board.
[FR Doc. E6-8506 Filed 5-31-06; 8:45 am]
BILLING CODE 6210-01-S