[Federal Register Volume 71, Number 213 (Friday, November 3, 2006)]
[Notices]
[Pages 64704-64705]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E6-18541]


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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 November 27, 2006.
    A. Federal Reserve Bank of Atlanta (Andre Anderson, Vice President) 
1000 Peachtree Street, N.E., Atlanta, Georgia 30309:
    1. SouthEast Bancshares, Inc.; to become a bank holding company by 
acquiring 100 percent of the voting

[[Page 64705]]

shares of SouthEast Bank & Trust, both of Athens, Tennessee.
    B. Federal Reserve Bank of Minneapolis (Jacqueline G. King, 
Community Affairs Officer) 90 Hennepin Avenue, Minneapolis, Minnesota 
55480-0291:
    1. John T. Vucurevich Foundation, Rapid City, South Dakota, to 
become a bank holding company by acquiring 100 percent of the voting 
shares of United Bancorporation, Osseo, Wisconsin, and thereby 
indirectly Lincoln County Bank, Merrill, Wisconsin, United Bank, Osseo, 
Wisconsin; Bank of Poynette, Poynette, Wisconsin; Cambridge State Bank, 
Cambridge, Wisconsin; and Midwest Bancorporation, Billings, Montana, 
and thereby indirectly acquire voting shares of Clarke County State 
Bank, Osceola, Iowa; Farmers & Merchants State Bank, Iroquois, South 
Dakota, and Farmers State Bank, Stickney, South Dakota.
    C. Federal Reserve Bank of Dallas (W. Arthur Tribble, Vice 
President) 2200 North Pearl Street, Dallas, Texas 75201-2272:
    1. Olney Bancshares of Texas, Inc., Olney, Texas, and Olney Bancorp 
of Delaware, Inc., Wilmington, Delaware; to acquire 100 percent of the 
voting shares of InterBank, Inc., Sayre, Oklahoma, and thereby 
indirectly acquire voting shares of InterBank, Elk City, Oklahoma.

    Board of Governors of the Federal Reserve System, October 30, 
2006.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. E6-18541 Filed 11-2-06; 8:45 am]
BILLING CODE 6210-01-S