[Federal Register Volume 60, Number 171 (Tuesday, September 5, 1995)] [Notices] [Pages 46125-46126] From the Federal Register Online via the Government Publishing Office [www.gpo.gov] [FR Doc No: 95-21895] ----------------------------------------------------------------------- FEDERAL RESERVE SYSTEM First Bank System, Inc.; Formation of, Acquisition by, or Merger of Bank Holding Companies The company listed in this notice has 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)). The 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 indicated for that application or to the offices of the Board of Governors. Any comment on an application that requests a hearing must [[Page 46126]] 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. Comments regarding this application must be received not later than September 20, 1995. A. Federal Reserve Bank of Minneapolis (James M. Lyon, Vice President) 250 Marquette Avenue, Minneapolis, Minnesota 55480: 1. First Bank System, Inc., Minneapolis, Minnesota; to merge with Midwestern Services, Inc., Omaha, Nebraska, and thereby indirectly acquire First Bank, Omaha, Nebraska. 2. First Bank System, Inc., Minneapolis, Minnesota; to merge with Southwest Holdings, Inc., Omaha, Nebraska, and thereby indirectly acquire Southwest Bank and Trust Company of Omaha, Omaha, Nebraska. In connection with this application, Applicant also has applied to acquire SWH & K Partnership, Omaha, Nebraska, and thereby engage in reinsurance of credit life and disability insurance, pursuant to Sec. 225.25(b)(8)(i) of the Board's Regulation Y. The geographic scope for these activities is Nebraska. In connection with both applications described above, Applicant also has applied to acquire FBS Interim Bank, FSB, Omaha, Nebraska, and thereby engage in operating a thrift subsidiary, pursuant to Sec. 225.25(b)(9) of the Board's Regulation Y. This interim thrift will be used to facilitate the purchase of First Bank, Omaha, Nebraska and Southwest Bank and Trust Company of Omaha, Omaha, Nebraska. After these acquisitions, the thrift will be merged into a newly chartered national bank and will cease to exist. The geographic scope for these activities is Nebraska. Board of Governors of the Federal Reserve System, August 29, 1995. William W. Wiles, Secretary of the Board. [FR Doc. 95-21895 Filed 9-1-95; 8:45 am] BILLING CODE 6210-01-F