[Federal Register Volume 72, Number 230 (Friday, November 30, 2007)]
[Notices]
[Pages 67725-67726]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E7-23179]


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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

[[Page 67726]]

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, 2007.
    A. Federal Reserve Bank of Atlanta (David Tatum, Vice President) 
1000 Peachtree Street, N.E., Atlanta, Georgia 30309:
    1. Metropolitan BancGroup, Inc., Ridgeland, Mississippi; to become 
a bank holding company by acquiring 100 percent of the voting shares of 
BancSouth Financial Corporation and Bank of the South, both of Crystal 
Springs, Mississippi.
    B. Federal Reserve Bank of San Francisco (Tracy Basinger, Director, 
Regional and Community Bank Group) 101 Market Street, San Francisco, 
California 94105-1579:
    1. Franklin Resources, Inc., San Mateo, California; to retain 5.15 
percent of the voting shares of Commerce Bancorp, Inc., and thereby 
indirectly retain voting shares of Commerce Bank, N.A., both of Cherry 
Hill, New Jersey.

    Board of Governors of the Federal Reserve System, November 26, 
2007.
Jennifer J. Johnseon,
Secretary of the Board.
[FR Doc. E7-23179 Filed 11-29-07; 8:45 am]
BILLING CODE 6210-01-S