[Federal Register Volume 72, Number 68 (Tuesday, April 10, 2007)]
[Notices]
[Pages 17908-17909]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E7-6705]


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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

[[Page 17909]]

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 May 4, 2007.
    A. Federal Reserve Bank of New York (Anne MacEwen, Bank 
Applications Officer) 33 Liberty Street, New York, New York 10045-0001:
    1. Banco Bilbao Vizcaya Argentaria, S.A. (BBVA), Bilbao, Spain; to 
acquire 100 percent of the voting shares of Compass Bancshares, Inc., 
Birmingham, Alabama, and thereby indirectly acquire voting shares of 
Compass Bank, Birmingham, Alabama, and Central Bank of the South, 
Anniston, Alabama.
    In addition, Circle Merger Corp., Birmingham, Alabama, a wholly-
owned subsidiary of Compass Bancshares, Inc., proposes to become a bank 
holding company by acquiring 100 percent of the voting shares of 
Compass Bancshares Inc., for a moment in time, to facilitate the 
acquisition of Compass Bancshares, Inc., by BBVA.
    B. Federal Reserve Bank of Chicago (Patrick M. Wilder, Assistant 
Vice President) 230 South LaSalle Street, Chicago, Illinois 60690-1414:
    1. Capitol Bancorp, Ltd., Lansing, Michigan, and its wholly owned 
subsidiary, Capitol Development Bancorp Limited VI, Lansing, Michigan, 
to acquire 51 percent of the voting shares of USNY Bank (in 
organization), Geneva, New York.

    Board of Governors of the Federal Reserve System, April 5, 2007.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. E7-6705 Filed 4-9-07; 8:45 am]
BILLING CODE 6210-01-S