[Federal Register Volume 64, Number 190 (Friday, October 1, 1999)]
[Notices]
[Page 53390]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-25496]


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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 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.
    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 October 25, 1999.
    A. Federal Reserve Bank of New York (Betsy Buttrill White, Senior 
Vice President) 33 Liberty Street, New York, New York 10045-0001:
    1. Banco Portugues do Atlantico, S.A., Oporto, Portugal, and its 
affiliates, Banco Comerical Portugues, S.A. Oporto, Portugal, BCP-IF 
S.G.P.S., LDA, Lisbon, Portugal, and its subsidiaries, BPA 
International, S.G.P.S. Sociedade Unipessoal LDA, Maderia, Portugal, 
and Banco Portugues do Atlantico (USA), Inc., Newark, New Jersey; to 
become bank holding companies by acquiring 100 percent of the voting 
shares of Banco Portugues do Atlantico, National Association, Newark, 
New Jersey.
    B. Federal Reserve Bank of Cleveland (Paul Kaboth, Banking 
Supervisor) 1455 East Sixth Street, Cleveland, Ohio 44101-2566:
    1. F.N.B. Corporation, Hermitage, Pennsylvania; to acquire 20 
percent of the voting shares of Sun Bancorp, Inc., Selinsgrove, 
Pennsylvania, and thereby indirectly acquire Sun Bank, Selinsgrove, 
Pennsylvania.
    C. Federal Reserve Bank of Richmond (A. Linwood Gill III, Assistant 
Vice President) 701 East Byrd Street, Richmond, Virginia 23261-4528:
    1. Uwharrie Capital Corp., Albemarle, North Carolina; to merge with 
Anson Bancorp, Inc., Wadesboro, North Carolina, and thereby indirectly 
acquire Anson Savings Bank, Inc., Wadesboro, North Carolina.
    D. Federal Reserve Bank of Chicago (Philip Jackson, Applications 
Officer) 230 South LaSalle Street, Chicago, Illinois 60690-1413:
    1. First Manitowoc Bancorp, Inc., Manitowoc, Wisconsin; to acquire 
100 percent of the voting shares of capital stock of Dairy State 
Financial Services, Plymouth, Wisconsin, by merging Dairy State 
Financial Services into FMB Interim Corp., a wholly owned subsidiary of 
First Manitowoc Bancorp, Inc. and thereby acquire 100 percent of Dairy 
State Bank, Plymouth, Wisconsin.
    E. Federal Reserve Bank of St. Louis (Randall C. Sumner, Vice 
President) 411 Locust Street, St. Louis, Missouri 63102-2034:
    1. Arvest Bank Group, Inc., Bentonville, Arkansas; to acquire 100 
percent of the voting shares of The First National Bank of Huntsville, 
Huntsville, Arkansas.
    F. Federal Reserve Bank of Minneapolis (JoAnne F. Lewellen, 
Assistant Vice President) 90 Hennepin Avenue, P.O. Box 291, 
Minneapolis, Minnesota 55480-0291:
    1. Rivers Ridge Holding Company, Edina, Minnesota; to become a bank 
holding company by acquiring 100 percent of the voting shares of 
BankVista, Sartell, Minnesota, a de novo bank.

    Board of Governors of the Federal Reserve System, September 27, 
1999.
Robert deV. Frierson,
Associate Secretary of the Board.
[FR Doc. 99-25496 Filed 9-30-99; 8:45 am]
BILLING CODE 6210-01-F