[Federal Register Volume 62, Number 60 (Friday, March 28, 1997)]
[Notices]
[Page 14910]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-7903]


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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 April 22, 1997.
    A. Federal Reserve Bank of Philadelphia (Michael E. Collins, Senior 
Vice President) 100 North 6th Street, Philadelphia, Pennsylvania 19105-
1521:
    1. Covenant Bancorp, Inc., Haddonfield, New Jersey; to become a 
bank holding company by acquiring 100 percent of the voting shares of 
Covenant Bank, Haddonfield, New Jersey.
    B. Federal Reserve Bank of Chicago (James A. Bluemle, Vice 
President) 230 South LaSalle Street, Chicago, Illinois 60690-1413:
    1. AMCORE Financial, Inc., Rockford, Illinois; to acquire Country 
Bancshares Corporation, Mount Horeb, Wisconsin, and Belleville 
Bancshares Corporation, Belleville, Wisconsin, and thereby indirectly 
acquire State Bank of Mount Horeb, Mount Horeb, Wisconsin; Montello 
State Bank, Montello, Wisconsin; State Bank of Argyle, Argyle, 
Wisconsin; Citizens State Bank, Clinton, Wisconsin; and Belleville 
State Bank, Belleville, Wisconsin.
    C. Federal Reserve Bank of St. Louis (Randall C. Sumner, Vice 
President) 411 Locust Street, St. Louis, Missouri 63102-2034:
    1. Kentucky Home Bancshares, Inc., Bardstown, Kentucky; to become a 
bank holding company by acquiring 100 percent of the voting shares of 
Kentucky Home Bank, Bardstown, Kentucky (a proposed de novo bank).
    2. First Commercial Corporation, Little Rock, Arkansas; to merge 
with First Central Corporation, Searcy, Arkansas, and thereby 
indirectly acquire First National Bank, Searcy, Arkansas.
    D. Federal Reserve Bank of Dallas (Genie D. Short, Vice President) 
2200 North Pearl Street, Dallas, Texas 75201-2272:
    1. Medina Bankshares, Inc., D'Hanis, Texas; to become a bank 
holding company by acquiring 100 percent of the votings ahres of Medina 
Financial, Inc., Carson City, Nevada, and thereby indirectly acquire 
D'Hanis State Bank, D'Hanis, Texas.
    In connection with this application, Medina Financial, Inc., Carson 
City, Nevada, has also applied to become a bank holding company.

    Board of Governors of the Federal Reserve System, March 24, 
1997.
Jennifer J. Johnson,
Deputy Secretary of the Board.
[FR Doc. 97-7903 Filed 3-27-97; 8:45 am]
BILLING CODE 6210-01-F