[Federal Register Volume 62, Number 59 (Thursday, March 27, 1997)]
[Notices]
[Page 14682]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-7768]


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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 21, 1997.
    A. Federal Reserve Bank of New York (Christopher J. McCurdy, Senior 
Vice President) 33 Liberty Street, New York, New York 10045-0001:
    1. BanPonce Corporation, Hato Rey, Puerto Rico; Poplar 
International Bank, Inc., Hato Rey, Puerto Rico; and BanPonce Financial 
Corp., Wilmington, Delaware; to acquire 100 percent of the voting 
shares of CBC Bancorp, Ltd., Chicago, Illinois, and thereby indirectly 
acquire Capitol Bank of Westmont, Westmont, Illinois, and Capitol Bank 
and Trust, Chicago, Illinois.
    B. Federal Reserve Bank of Atlanta (Lois Berthaume, Vice President) 
104 Marietta Street, N.W., Atlanta, Georgia 30303-2713:
    1. Florida Bancshares, Inc., Dade City, Florida; to become a bank 
holding company by acquiring 100 percent of the voting shares of First 
National Bank of Pasco, Dade City, Florida.
    C. Federal Reserve Bank of San Francisco (Kenneth R. Binning, 
Director, Bank Holding Company) 101 Market Street, San Francisco, 
California 94105-1579
    1. Pierce County Bancorp, Tacoma, Washington; to become a bank 
holding company by acquiring 100 percent of the voting shares of Pierce 
Commercial Bank, Tacoma, Washington (in organization).

    Board of Governors of the Federal Reserve System, March 21, 
1997.
Jennifer J. Johnson,
Deputy Secretary of the Board.
[FR Doc. 97-7768 Filed 3-26-97; 8:45 am]
BILLING CODE 6210-01F