[Federal Register Volume 71, Number 228 (Tuesday, November 28, 2006)]
[Notices]
[Page 68817]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E6-20139]


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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 December 26, 2006.
    A. Federal Reserve Bank of Minneapolis (Jacqueline G. King, 
Community Affairs Officer) 90 Hennepin Avenue, Minneapolis, Minnesota 
55480-0291:
    1. The First National Bank in Wadena Employee Stock Ownership Plan 
and Trust, and FNB Acquisition Holding Corporation, Wadena, Minnesota, 
both in Wadena, Minnesota; to become bank holding companies by 
acquiring 100 percent of the voting shares of The First National Agency 
of Wadena, Inc., Wadena, Minnesota, and thereby indirectly acquire The 
First National Bank in Wadena, Wadena, Minnesota.
    In connection with these applications, Applicants have applied to 
acquire The First National Agency of Wadena, Inc., Wadena, Minnesota, 
and engage in insurance agency activities in a town with a population 
not exceeding 5,000, pursuant to section 228.28(b)(11)(iii)(A) of 
Regulation Y.
    B. Federal Reserve Bank of Kansas City (Donna J. Ward, Assistant 
Vice President) 925 Grand Avenue, Kansas City, Missouri 64198-0001:
    1. Community Bankshares, Inc., Greenwood Village, Colorado; to 
acquire 100 percent of the voting shares of Citizens Financial 
Corporation, and thereby indirectly acquire Citizens State Bank of 
Cortez, both in Cortez, Colorado.

    Board of Governors of the Federal Reserve System, November 22, 
2006.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. E6-20139 Filed 11-27-06; 8:45 am]
BILLING CODE 6210-01-S