[Federal Register Volume 62, Number 69 (Thursday, April 10, 1997)]
[Notices]
[Page 17622]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-9158]



[[Page 17622]]

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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 May 5, 1997.
    A. Federal Reserve Bank of Atlanta (Lois Berthaume, Vice President) 
104 Marietta Street, N.W., Atlanta, Georgia 30303-2713:
    1. Regions Financial Corporation, Birmingham, Alabama; to merge 
with The New Iberia Bancorp, Inc., New Iberia, Louisiana, and thereby 
indirectly acquire The New Iberia Bank, New Iberia, Louisiana.
    In connection with this application, Applicant also has applied to 
merge with First Bankshares, Inc., East Point, Georgia, and thereby 
indirectly acquire First Bank of Georgia, East Point, Georgia.
    In addition, Applicant also has applied to merge with SB&T 
Corporation, Smyrna, Georgia, and thereby indirectly acquire Smyrna 
Bank and Trust Company, Smyrna, Georgia.
    B. Federal Reserve Bank of Chicago (James A. Bluemle, Vice 
President) 230 South LaSalle Street, Chicago, Illinois 60690-1413:
    1. Marshall & Ilsey Corporation; to merge with Security Capital 
Corporation, and thereby indirectly acquire Security Bank, S.S.B., all 
of Milwaukee, Wisconsin.
    2. NEB Corporation, Fond du Lac, Wisconsin; to acquire 100 percent 
of the voting shares of State Bank of St. Cloud, St. Cloud, Wisconsin.
    C. Federal Reserve Bank of Kansas City (John E. Yorke, Senior Vice 
President) 925 Grand Avenue, Kansas City, Missouri 64198-0001:
    1. Giltner Investment Partnership, Ltd., Omaha, Nebraska; to become 
a bank holding company by acquiring 60 percent of the voting shares of 
The Avoca Company, Avoca, Nebraska, and thereby indirectly acquire 
Farmers State Bank, Bennett, Nebraska.
    2. Northeast Kansas Bancshares, Inc., Valley Falls, Kansas; to 
become a bank holding company by acquiring 100 percent of the voting 
shares of Valley Falls Insurance, Inc., Valley Falls, Kansas, and 
thereby indirectly acquire Kendall State Bank, Valley Falls, Kansas.
    In connection with this application, Applicant also has applied to 
engage in insurance activities, pursuant to Sec. 225.25(b)(8)(iii) of 
the Board's Regulation Y.
    D. Federal Reserve Bank of San Francisco (Kenneth R. Binning, 
Director, Bank Holding Company) 101 Market Street, San Francisco, 
California 94105-1579:
    1. Bancorp Hawaii, Inc., Honolulu, Hawaii; to merge with CU 
Bancorp, Encino, California, and thereby indirectly acquire California 
United Bank, Encino, California.

    Board of Governors of the Federal Reserve System, April 4, 1997.
Jennifer J. Johnson,
Deputy Secretary of the Board.
[FR Doc. 97-9158 Filed 4-9-97; 8:45 am]
BILLING CODE 6210-01-F