[Federal Register Volume 62, Number 40 (Friday, February 28, 1997)]
[Notices]
[Pages 9190-9191]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-4989]


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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. 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 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. 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 March 24, 1997.
    A. Federal Reserve Bank of Cleveland (R. Chris Moore, Senior Vice 
President) 1455 East Sixth Street, Cleveland, Ohio 44101-2566:
    1. CB Bancorp, Inc., Higginsport, Ohio; to become a bank holding 
company by acquiring 100 percent of the voting shares of The Citizens 
Bank, Higginsport, Ohio.
    2. Commercial Bancshares Savings and Employee Stock Ownership Plan, 
West Liberty, Kentucky; to become a bank holding company by acquiring 
32 percent of the voting shares of Commercial Bancshares, Inc., West 
Liberty, Kentucky, and thereby indirectly acquire Commercial Bank, West 
Liberty, Kentucky.
    B. Federal Reserve Bank of Richmond (Lloyd W. Bostian, Jr., Senior 
Vice President) 701 East Byrd Street, Richmond, Virginia 23261-4528:
    1. Guaranty Financial Corporation, Charlottesville, Virginia; to 
become a bank holding company by acquiring 100 percent of the voting 
shares of Guaranty Bank, Charlottesville, Virginia, the

[[Page 9191]]

proposed successor by merger to Guaranty Savings & Loan, F.A., 
Charlottesville, Virginia.
    C. Federal Reserve Bank of St. Louis (Randall C. Sumner, Vice 
President) 411 Locust Street, St. Louis, Missouri 63102-2034:
    1. Illinois Community Bank, Inc., Effingham, Illinois; to become a 
bank holding company by acquiring 100 percent of the voting shares of 
Illinois Community Bank, Effingham, Illinois, which will convert from 
Guarantee Savings Bank, FSB.
    In connection with this Illinois Community Bancorp, Effingham, 
Illinois, has also applied to acquire Illinois Leasing Corporation, 
Inc., Effingham, Illinois, and thereby engage in leasing programs, 
pursuant to Sec.  225.25 (b)(5)(i) ofthe Board's Regulation Y.
    D. Federal Reserve Bank of Dallas (Genie D. Short, Vice President) 
2200 North Pearl Street, Dallas, Texas 75201-2272:
    1. Eden Financial Corporation, San Angelo, Texas; to acquire 100 
percent of the voting shares of The First State Bank of Rankin, Rankin, 
Texas.
    E. Federal Reserve Bank of San Francisco (Kenneth R. Binning, 
Director, Bank Holding Company) 101 Market Street, San Francisco, 
California 94105-1579:
    1. Castle Creek Capital Partners Fund-I, L.P., Castle Creek 
Capital, L.L.C., and Eggemeyer Advisory Corporation, all of San Diego, 
California; to acquire up to 14.9 percent of the voting shares of 
Rancho Santa Fe National Bank, Rancho Santa Fe, California, and up to 
14.9 percent of the voting shares of First Community Bank of Desert, 
Yucca Valley, California.

    Board of Governors of the Federal Reserve System, February 24, 
1997.
Jennifer J. Johnson,
Deputy Secretary of the Board.
[FR Doc. 97-4989 Filed 2-27-97; 8:45 am]
BILLING CODE 6210-01-F