[Federal Register Volume 69, Number 202 (Wednesday, October 20, 2004)]
[Notices]
[Page 61674]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 04-23422]


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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. 
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 15, 2004.
    A. Federal Reserve Bank of Richmond (A. Linwood Gill, III, Vice 
President) 701 East Byrd Street, Richmond, Virginia 23261-4528:
    1. CommunitySouth Bancshares, Inc., Easley, South Carolina; to 
become a bank holding company by acquiring 100 percent of the voting 
shares of CommunitySouth Bank & Trust, Easley, South Carolina.
    2. FNB Corporation, Christiansburg, Virginia; to acquire 100 
percent of the voting shares of Bedford Federal Savings Bank, National 
Association, Bedford, Virginia, after the conversion of Bedford Federal 
Savings Bank FSB to a national bank.
    B. Federal Reserve Bank of Atlanta (Sue Costello, Vice President) 
1000 Peachtree Street, N.E., Atlanta, Georgia 30303:
    1. GB&T Bancshares, Inc., Gainesville, Georgia; to merge with FNBG 
Bancshares, Inc., Duluth, Georgia, and thereby indirectly acquire First 
National Bank of Gwinnett, Duluth, Georgia.
    C. Federal Reserve Bank of St. Louis (Randall C. Sumner, Vice 
President) 411 Locust Street, St. Louis, Missouri 63166-2034:
    1. FSB Bancshares, Inc., Henderson, Tennessee; to merge with 
Friendship Bancshares, Inc., Friendship, Tennessee, and thereby 
indirectly acquire Friendship Bank, Friendship, Tennessee.
    D. Federal Reserve Bank of Minneapolis (Jacqueline G. Nicholas, 
Community Affairs Officer) 90 Hennepin Avenue, Minneapolis, Minnesota 
55480-0291:
    1. Vision Bank Holdings, Inc., Fargo, North Dakota; to become a 
bank holding company by acquiring 100 percent of the voting shares of 
VisionBank, Fargo, North Dakota.
    E. Federal Reserve Bank of Kansas City (Donna J. Ward, Assistant 
Vice President) 925 Grand Avenue, Kansas City, Missouri 64198-0001:
    1. Young Corporation, Chillicothe, Missouri; to become a bank 
holding company by retaining 20.34 percent of the voting shares of 
Citizens Bancshares Co., Chillicothe, Missouri, and Citizens Bank and 
Trust Company, Chillicothe, Missouri.
    2. Young Partners, L.P., Chillicothe, Missouri; to become a bank 
holding company by retaining 20.34 percent of the voting shares of 
Citizens Bancshares, Co., Chillicothe, Missouri, and Citizens Bank and 
Trust Company, Chillicothe, Missouri.

    Board of Governors of the Federal Reserve System, October 14, 
2004.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. 04-23422 Filed 10-19-04; 8:45 am]
BILLING CODE 6210-01-S