[Federal Register Volume 65, Number 227 (Friday, November 24, 2000)]
[Notices]
[Page 70570]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 00-29929]


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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 December 18, 2000.
    A. Federal Reserve Bank of New York (Betsy Buttrill White, Senior 
Vice President) 33 Liberty Street, New York, New York 10045-0001:
    1. Arison Holdings (1998) Ltd., Tel Aviv, Israel; to become a bank 
holding company by acquiring 20.74 percent of the voting shares of 
Signature Bank, New York, New York (in formation).
    B. Federal Reserve Bank of Cleveland(Paul Kaboth, Banking 
Supervision) 1455 East Sixth Street, Cleveland, Ohio 44101-2566:
    1. Steel Valley Bancorp, St. Clairsville, Ohio; to become a bank 
holding company by acquiring 100 percent of the voting shares of Steel 
Valley Bank, N.A., Dillonvale, Ohio.
    C. Federal Reserve Bank of Chicago(Phillip Jackson, Applications 
Officer) 230 South LaSalle Street, Chicago, Illinois 60690-1414:
    1. Woodford Bancshares, Inc., Monroe, Wisconsin; to become a bank 
holding company by acquiring 100 percent of the voting shares of 
Woodford State Bank, Woodford, Wisconsin.
    D. Federal Reserve Bank of Minneapolis (JoAnne F. Lewellen, 
Assistant Vice President) 90 Hennepin Avenue, Minneapolis, Minnesota 
55480-0291:
    1. Mountain West Financial Corporation, Helena, Montana; to acquire 
between 25.2 percent and 50.01 percent of the voting shares of Bankwest 
Financial, Inc., Kalispell, Montana, and thereby indirectly acquire 
voting shares of BankWest, National Association, Kalispell, Montana.
    E. Federal Reserve Bank of Kansas City (D. Michael Manies, 
Assistant Vice President) 925 Grand Avenue, Kansas City, Missouri 
64198-0001:
    1. Central Financial Corporation, Hutchinson, Kansas; to acquire 
8.80 percent of the voting shares of TTAC Corp., Manhattan, Kansas, and 
thereby indirectly acquire Community First National Bank, Manhattan, 
Kansas.

    Board of Governors of the Federal Reserve System, November 17, 
2000.
Robert deV. Frierson
Associate Secretary of the Board.
[FR Doc. 00-29929 Filed 11-22-00; 8:45 am]
BILLING CODE 6210-01-S