23288 Federal Register / Vol. 63, No. 81 /Tuesday, April 28, 1998 / Notices

the offices of the Board of Governors.

Interested persons may express their

views in writing to the Reserve Bank

indicated for that notice or to the offices

of the Board of Governors. Comments

must be received not later than May 12,

1998.

A. Federal Reserve Bank of

Minneapolis (Karen L. Grandstrand,

Vice President) 90 Hennepin Avenue,

P.O. Box 291, Minneapolis, Minnesota

55480-0291:

1. 1996 Radcliffe Family Irrevocable

Trust, Tomah, Wisconsin; to acquire

additional voting shares of BRAD, Inc.,

Black River Falls, Wisconsin, and

thereby indirectly acquire Black River

Country Bank, Black River Falls,

Wisconsin.

B. Federal Reserve Bank of Kansas

City (D. Michael Manies, Assistant Vice

President) 925 Grand Avenue, Kansas

City, Missouri 64198-0001:

1. J.L. and Delene Stuart Qualified

Family Partnership, L.P.; and Ned and

Margaret Stuart Qualified Family

Partnership, L.P., both of Shattuck,

Oklahoma; to acquire voting shares of

Shattuck Bancshares, Inc., Shattuck,

Oklahoma, and thereby indirectly

acquire voting shares of Shattuck

National Bank, Shattuck, Oklahoma.

Board of Governors of the Federal Reserve

System, April 22, 1998.

Jennifer J. Johnson,

Deputy Secretary of the Board.

[FR Doc. 98–11192 Filed 4–27–98; 8:45 am]

BILLING CODE 6210–01–F

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.

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 22, 1998.

A. Federal Reserve Bank of Cleveland

(Paul Kaboth, Banking Supervisor) 1455

East Sixth Street, Cleveland, Ohio

44101-2566:

1. Star Banc Corporation, Cincinnati,

Ohio; to acquire 100 percent of the

voting shares of Trans Financial, Inc.,

Bowling Green, Kentucky, and thereby

indirectly acquire Trans Financial Bank,

NA, Bowling Green, Kentucky, and

Trans Financial Bank Tennessee, NA,

Nashville, Tennessee.

B. Federal Reserve Bank of

Richmond (A. Linwood Gill III,

Assistant Vice President) 701 East Byrd

Street, Richmond, Virginia 23261-4528:

1. Community Bankshares, Inc.,

Orangeburg, South Carolina; to acquire

100 percent of the voting shares of

Florence National Bank, Florence, South

Carolina (in organization).

C. Federal Reserve Bank of

Minneapolis (Karen L. Grandstrand,

Vice President) 90 Hennepin Avenue,

P.O. Box 291, Minneapolis, Minnesota

55480-0291:

1. Avon State Bank Employee Stock

Ownership Plan, Avon, Minnesota; to

acquire 36.1 percent of the votings

shares of Avon Bancshares, Inc., Avon,

Minnesota, and thereby indirectly

acquire Avon State Bank, Avon,

Minnsota.

D. Federal Reserve Bank of San

Francisco (Maria Villanueva, Manager

of Analytical Support, Consumer

Regulation Group) 101 Market Street,

San Francisco, California 94105-1579:

1. Heritage Financial Corporation,

Olympia, Washington; to merge with

North Pacific Bancorporation, Tacoma,

Washington, and thereby indirectly

acquire North Pacific Bank, Tacoma,

Washington.

Board of Governors of the Federal Reserve

System, April 22, 1998.

Jennifer J. Johnson,

Deputy Secretary of the Board.

[FR Doc. 98–11191 Filed 4–27–98; 8:45 am]

BILLING CODE 6210–01–F

FEDERAL RESERVE SYSTEM

Notice of Proposals to Engage in

Permissible Nonbanking Activities or

to Acquire Companies that are

Engaged in Permissible Nonbanking

Activities

The companies listed in this notice

have given notice under section 4 of the

Bank Holding Company Act (12 U.S.C.

1843) (BHC Act) and Regulation Y, (12

CFR Part 225) to engage de novo, or to

acquire or control voting securities or

assets of a company, including the

companies listed below, that engages

either directly or through a subsidiary or

other company, in a nonbanking activity

that is listed in § 225.28 of Regulation

Y (12 CFR 225.28) or that the Board has

determined by Order to be closely

related to banking and permissible for

bank holding companies. Unless

otherwise noted, these activities will be

conducted throughout the United States.

Each notice is available for inspection

at the Federal Reserve Bank indicated.

The notice also will be available for

inspection at the offices of the Board of

Governors. Interested persons may

express their views in writing on the

question whether the proposal complies

with the standards of section 4 of the

BHC Act.

Unless otherwise noted, comments

regarding the applications must be

received at the Reserve Bank indicated

or the offices of the Board of Governors

not later than May 12, 1998.

A. Federal Reserve Bank of Chicago

(Philip Jackson, Applications Officer)

230 South LaSalle Street, Chicago,

Illinois 60690-1413:

1. National Australia Bank Limited,

Melbourne, Australia; to acquire

indirectly through Homeside Lending,

Inc., Jacksonville, Florida, certain assets

and assume certain liabilities of Banc

One Mortgage Corporation,

Indianapolis, Indiana, and thereby

engage in mortgage banking activities

and servicing loans, pursuant to §§

225.28(b)(1) and (b)(2) of the Board’s

Regulation Y.

B. Federal Reserve Bank of San

Francisco (Maria Villanueva, Manager

of Analytical Support, Consumer

Regulation Group) 101 Market Street,

San Francisco, California 94105-1579:

1. Palm Desert Investments, Palm

Desert, California; to engage de novo in

acting as a ‘‘finder’’ in bringing together

buyers and sellers in connection with

the sale of automated teller machines

(‘‘ATMs’’) or management rights with

respect to such ATMs, pursuant to §

225.28(b)(14) of the Board’s Regulation

Y.