[Federal Register Volume 65, Number 210 (Monday, October 30, 2000)]
[Notices]
[Pages 64704-64705]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 00-27829]


-----------------------------------------------------------------------

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 24, 2000.
    A. Federal Reserve Bank of Cleveland (Paul Kaboth, Banking 
Supervision) 1455 East Sixth Street, Cleveland, Ohio 44101-2566:
    1. Savings Bancorp, Inc., Circleville, Ohio; to become a bank 
holding company by acquiring 100 percent of the voting shares of The 
Savings Bank, Circleville, Ohio.
    B. Federal Reserve Bank of Richmond (A. Linwood Gill, III, Vice 
President) 701 East Byrd Street, Richmond, Virginia 23261-4528:
    1. F&M National Corporation, Winchester, Virginia; to merge with 
Atlantic Financial Corp., Newport News, Virginia, and thereby 
indirectly acquire voting shares of F&M Bank-Atlantic, Gloucester, 
Virginia.
    In connection with this application, Applicant also has applied to 
acquire Johnson Mortgage Company, L.L.C., Newport News, Virginia, and 
thereby engage in origination, closing, and selling of mortgages and 
related servicing rights to outside investors, pursuant to 
Sec. 225.28(b)(1) of Regulation Y.

[[Page 64705]]

    C. Federal Reserve Bank of Atlanta (Cynthia C. Goodwin, Vice 
President) 104 Marietta Street, N.W., Atlanta, Georgia 30303-2713:
    1. Whitney Holding Corporation, New Orleans, Louisiana; to acquire 
100 percent of the voting shares of American Bank, Houston, Texas.
    D. Federal Reserve Bank of St. Louis (Randall C. Sumner, Vice 
President) 411 Locust Street, St. Louis, Missouri 63166-2034:
    1. First Banks, Inc., St. Louis, Missouri, through its subsidiary, 
First Banks America, Inc., St. Louis, Missouri; to acquire 100 percent 
of the voting shares of The San Francisco Company, San Francisco, 
California, and thereby indirectly acquire voting shares of Bank of San 
Francisco, San Francisco, California.

    Board of Governors of the Federal Reserve System, October 25, 
2000.
Robert deV. Frierson,
Associate Secretary of the Board.
[FR Doc. 00-27829 Filed 10-27-00; 8:45 am]
BILLING CODE 6210-01-P