50616 Federal Register / Vol. 62, No. 187 / Friday, September 26, 1997 / Notices

1. Builders Financial Corporation,

Chicago, Illinois; to become a bank

holding company by acquiring 100

percent of the voting shares of Builders

Bank, Chicago, Illinois (in organization).

2. Washington Bancorp, Washington,

Iowa; to become a bank holding

company by acquiring 100 percent of

the voting shares of Rubio Savings Bank

of Brighton, Brighton, Iowa. Applicant

also has applied to acquire Washington

Federal Savings Bank, and thereby

operate a savings association, pursuant

to § 225.28(b)(11) of the Board’s

Regulation Y.

C. Federal Reserve Bank of

Minneapolis (Karen L. Grandstrand,

Vice President) 250 Marquette Avenue,

Minneapolis, Minnesota 55480-2171:

1. Roseau Realty Co., Inc., Roseau,

Minnesota; to become a bank holding

company by acquiring 74.9 percent of

the voting shares of Citizens State Bank

of Roseau, Roseau, Minnesota.

In connection with this application,

Applicant also has applied to engage in

general insurance agency activities in a

town with a population less than 5,000,

pursuant to § 225.28(b)(11)(iii)(A) of the

Board’s Regulation Y.

2. Winter-Park Bancshares, Inc.,

Cameron, Wisconsin; to become a bank

holding company by acquiring 100

percent of the voting shares of, and

thereby merge with, Owen-Curtiss

Financial Corporation, Rice Lake,

Wisconsin, which has applied to

become a bank holding company, and

thereby indirectly acquire Brill

Bancshares, Inc., Rice Lake, Wisconsin,

and Brill State Bank, Brill, Wisconsin.

D. Federal Reserve Bank of Kansas

City (D. Michael Manies, Assistant Vice

President) 925 Grand Avenue, Kansas

City, Missouri 64198-0001:

1. CSB Bancshares, Inc., Ellsworth,

Kansas; to acquire 5.92 percent of the

voting shares of Wilson Bancshares,

Inc., Wilson, Kansas, and thereby

indirectly acquire Wilson State Bank,

Wilson, Kansas.

E. Federal Reserve Bank of Dallas

(Genie D. Short, Vice President) 2200

North Pearl Street, Dallas, Texas 75201-

2272:

1. SWB Bancshares, Inc., Fort Worth,

Texas, and SW Financial, Inc., Dover,

Delaware; to become bank holding

companies by acquiring 100 percent of

the voting shares of Southwest Bank,

Fort Worth, Texas.

Board of Governors of the Federal Reserve

System, September 23, 1997.

Jennifer J. Johnson,

Deputy Secretary of the Board.

[FR Doc. 97–25659 Filed 9–25–97; 8:45 am]

BILLING CODE 6210–01–F

FEDERAL RESERVE SYSTEM

Notice of Proposals to Engage in

Permissible Nonbanking Activities or

to Acquire Companies that are

Engaged in Permissible Nonbanking

Activities

The companies listed in this notice

have given notice under section 4 of the

Bank Holding Company Act (12 U.S.C.

1843) (BHC Act) and Regulation Y, (12

CFR Part 225) to engage de novo, or to

acquire or control voting securities or

assets of a company that engages either

directly or through a subsidiary or other

company, in a nonbanking activity that

is listed in § 225.28 of Regulation Y (12

CFR 225.28) or that the Board has

determined by Order to be closely

related to banking and permissible for

bank holding companies. Unless

otherwise noted, these activities will be

conducted throughout the United States.

Each notice is available for inspection

at the Federal Reserve Bank indicated.

The notice also will be available for

inspection at the offices of the Board of

Governors. Interested persons may

express their views in writing on the

question whether the proposal complies

with the standards of section 4 of the

BHC Act.

Unless otherwise noted, comments

regarding the applications must be

received at the Reserve Bank indicated

or the offices of the Board of Governors

not later than October 10, 1997.

A. Federal Reserve Bank of Boston

(Richard Walker, Community Affairs

Officer) 600 Atlantic Avenue, Boston,

Massachusetts 02106-2204:

1. Mutual Bancorp of the Berkshires,

Inc., Pittsfield, Massachusetts; to

acquire Trust Company of the

Berkshires, N.A., Pittsfield,

Massachusetts, and there engage in

performing trust company functions,

pursuant to § 225.28(b)(5) of the Board’s

Regulation Y.

2. Mutual Bancorp of the Berkshires,

Inc., Pittsfield, Massachusetts; to

acquire Pittsfield Central Development

Company, LLC, Pittsfield,

Massachusetts, and thereby engage in

community development activities,

pursuant to § 225.28(b)(12) of the

Board’s Regulation Y.

B. Federal Reserve Bank of St. Louis

(Randall C. Sumner, Vice President) 411

Locust Street, St. Louis, Missouri 63102-

2034:

1. National Commerce

Bancorporation, Memphis, Tennessee;

to engage de novo through its

subsidiary, First Market Bank, FSB,

Memphis, Tennessee, in the operation

of a federal savings bank, pursuant to §

225.28(b)(4) of the Board’s Regulation Y.

Notificant will acquire at least 49

percent of FSB and will operate FSB

with a co-venturer, Ukrop’s Super

Markets, Inc., Richmond, Virginia.

Comments must be received by October

20, 1997.

Board of Governors of the Federal Reserve

System, September 22, 1997.

Jennifer J. Johnson,

Deputy Secretary of the Board.

[FR Doc. 97–25568 Filed 9–25–97; 8:45 am]

BILLING CODE 6210–01–F

FEDERAL RESERVE SYSTEM

Notice of Proposals to Engage in

Permissible Nonbanking Activities or

to Acquire Companies that are

Engaged in Permissible Nonbanking

Activities

The companies listed in this notice

have given notice under section 4 of the

Bank Holding Company Act (12 U.S.C.

1843) (BHC Act) and Regulation Y, (12

CFR Part 225) to engage de novo, or to

acquire or control voting securities or

assets of a company that engages either

directly or through a subsidiary or other

company, in a nonbanking activity that

is listed in § 225.28 of Regulation Y (12

CFR 225.28) or that the Board has

determined by Order to be closely

related to banking and permissible for

bank holding companies. Unless

otherwise noted, these activities will be

conducted throughout the United States.

Each notice is available for inspection

at the Federal Reserve Bank indicated.

The notice also will be available for

inspection at the offices of the Board of

Governors. Interested persons may

express their views in writing on the

question whether the proposal complies

with the standards of section 4 of the

BHC Act.

Unless otherwise noted, comments

regarding the applications must be

received at the Reserve Bank indicated

or the offices of the Board of Governors

not later than October 14, 1997.

A. Federal Reserve Bank of Boston

(Richard Walker, Community Affairs

Officer) 600 Atlantic Avenue, Boston,

Massachusetts 02106-2204:

1. Boston Private Bancorp, Inc.,

Boston, Massachusetts; to acquire

Westfield Capital Management

Company, Inc., Boston, Massachusetts,

through a de novo subsidiary, and

thereby engage in financial and

investment advisory activities, pursuant

to § 225.28(b)(6) of the Board’s

Regulation Y.