[Federal Register Volume 59, Number 96 (Thursday, May 19, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-12194]
[[Page Unknown]]
[Federal Register: May 19, 1994]
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FEDERAL RESERVE SYSTEM
Cooperative Bankshares, Inc., et al.; Formations of; Acquisitions
by; and Mergers of Bank Holding Companies
The companies listed in this notice have applied for the Board's
approval under section 3 of the Bank Holding Company Act (12 U.S.C.
1842) and Sec. 225.14 of the Board's Regulation Y (12 CFR 225.14) to
become a bank holding company or to acquire a bank or bank holding
company. The factors that are considered in acting on the applications
are set forth in section 3(c) of the Act (12 U.S.C. 1842(c)).
Each application is available for immediate inspection at the
Federal Reserve Bank indicated. Once the application has been accepted
for processing, it will also be available for inspection at the offices
of the Board of Governors. Interested persons may express their views
in writing to the Reserve Bank or to the offices of the Board of
Governors. Any comment on an application that requests a hearing must
include a statement of why a written presentation would not suffice in
lieu of a hearing, identifying specifically any questions of fact that
are in dispute and summarizing the evidence that would be presented at
a hearing.
Unless otherwise noted, comments regarding each of these
applications must be received not later than June 13, 1994.
A. Federal Reserve Bank of Richmond (Lloyd W. Bostian, Jr., Vice
President) 701 East Byrd Street, Richmond, Virginia 23261:
1. Cooperative Bankshares, Inc., Wilmington, North Carolina; to
become a bank holding company by acquiring 100 percent of the voting
shares of Cooperative Bank of Savings, Inc., SSB, Wilmington, North
Carolina.
B. Federal Reserve Bank of Atlanta (Zane R. Kelley, Vice President)
104 Marietta Street, N.W., Atlanta, Georgia 30303:
1. First State Bankshares of Blakely, Inc., Blakely, Georgia; to
acquire 100 percent of the voting shares of Bostwick Banking Company,
Arlington, Georgia.
2. SouthTrust Corporation, and SouthTrust of Mississippi, Inc.,
both of Birmingham, Alabama; to merge with First Jefferson Corporation,
Biloxi, Mississippi, and thereby indirectly acquire The Jefferson Bank,
Biloxi, Mississippi.
C. Federal Reserve Bank of Chicago (David S. Epstein, Vice
President) 230 South LaSalle Street, Chicago, Illinois 60690:
1. Republic Bancorp, Inc., Owosso, Michigan; to acquire 100 percent
of the voting shares of Horizon Savings Bank, Beachwood, Ohio. Republic
currently operates Horizon as a savings association and proposes to
convert Horizon to a bank.
D. Federal Reserve Bank of Kansas City (John E. Yorke, Senior Vice
President) 925 Grand Avenue, Kansas City, Missouri 64198:
1. Freedom Bancshares, Inc., Osage City, Kansas; to become a bank
holding company by acquiring 100 percent of the voting shares of
Citizens State Bank, Osage City, Kansas.
E. Federal Reserve Bank of Dallas (Genie D. Short, Vice President)
2200 North Pearl Street, Dallas, Texas 75201-2272:
1. Bronte Bancshares--Delaware, Inc., Wilmington, Delaware; to
become a bank holding company by acquiring 100 percent of the voting
shares of First National Bank in Bronte, Bronte, Texas.
2. Bronte Bancshares, Inc., Bronte, Texas; to become a bank holding
company by acquiring 100 percent of the voting shares of Bronte
Bancshares--Delaware, Inc., Wilmington, Delaware, and thereby
indirectly acquire First National Bank in Bronte, Bronte, Texas.
3. Riverway Holdings, Inc., Houston, Texas; to become a bank
holding company by acquiring 98.5 percent of the voting shares of
Riverway Bank, Houston, Texas.
4. Riverway Holdings of Delaware, Inc., Wilmington, Delaware; to
become a bank holding company by acquiring 98.5 percent of the voting
shares of Riverway Bank, Houston, Texas.
Board of Governors of the Federal Reserve System, May 13, 1994.
William W. Wiles,
Secretary of the Board.
[FR Doc. 94-12194 Filed 5-18-94; 8:45 am]
BILLING CODE 6210-01-F