[Federal Register Volume 73, Number 208 (Monday, October 27, 2008)]
[Notices]
[Pages 63710-63711]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E8-25510]


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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 applications also will be available 
for inspection at the offices of the Board of Governors. Interested 
persons may express their views in

[[Page 63711]]

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 21, 2008.
    A. Federal Reserve Bank of Richmond (A. Linwood Gill, III, Vice 
President) 701 East Byrd Street, Richmond, Virginia 23261-4528:
    1. Yadkin Valley Financial Corporation, Elkin, North Carolina, to 
acquire 100 percent of the voting shares of, and thereby merge with 
American Community Bancshares, Inc., and thereby indirectly acquire 
voting shares of American Community Bank, Monroe, North Carolina.

    Board of Governors of the Federal Reserve System, October 22, 
2008.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. E8-25510 Filed 10-24-08; 8:45 am]
BILLING CODE 6210-01-S