[Federal Register Volume 61, Number 6 (Tuesday, January 9, 1996)]
[Notices]
[Page 658]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-296]



=======================================================================
-----------------------------------------------------------------------

FEDERAL RESERVE SYSTEM


Chittenden Corporation, 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 January 31, 1996.
    A. Federal Reserve Bank of Boston (Robert M. Brady, Vice President) 
600 Atlantic Avenue, Boston, Massachusetts 02106:
    1. Chittenden Corporation, Burlington, Vermont; to acquire 100 
percent of the voting shares of Flagship Bank and Trust Company, 
Worcester, Massachusetts.
    B. Federal Reserve Bank of Richmond (Lloyd W. Bostian, Jr., Senior 
Vice President) 701 East Byrd Street, Richmond, Virginia 23261:
    1. Matewan Bancshares, Inc., Williamson, West Virginia; to acquire 
100 percent of the voting shares of Bank One, Pikeville, N.A., 
Pikeville, Kentucky.
    C. Federal Reserve Bank of Minneapolis (James M. Lyon, Vice 
President) 250 Marquette Avenue, Minneapolis, Minnesota 55480:
    1. FNB Bankshares, Inc., Milnor, North Dakota; to acquire 100 
percent of the voting shares of First National Bank, Lisbon, North 
Dakota, a de novo bank that will be immediately merged into Applicant's 
existing subsidiary bank, First National Bank of Milnor, Milnor, North 
Dakota, upon consummation. The Lisbon bank will become a branch of the 
Milnor bank.

    Board of Governors of the Federal Reserve System, December 29, 
1995.
Barbara R. Lowrey,
Associate Secretary of the Board.
[FR Doc. 96-296 Filed 1-8-96; 8:45 am]
BILLING CODE 6210-01-F