[Federal Register Volume 63, Number 12 (Tuesday, January 20, 1998)]
[Notices]
[Page 2981]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-1267]


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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. 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 February 13, 1998.
    A. Federal Reserve Bank of Philadelphia (Michael E. Collins, Senior 
Vice President) 100 North 6th Street, Philadelphia, Pennsylvania 19105-
1521:
    1. Community Banks, Inc., Millersburg, Pennsylvania; to acquire 100 
percent of the voting shares of The Peoples State Bank, East Berlin, 
Pennsylvania.
    B. Federal Reserve Bank of Cleveland (Jeffery Hirsch, Banking 
Supervisor) 1455 East Sixth Street, Cleveland, Ohio 44101-2566:
    1. National City Corporation, Cleveland, Ohio; to merge with Fort 
Wayne National Corporation, Fort Wayne, Indiana, and thereby indirectly 
acquire The Auburn State Bank, Auburn, Indiana; Churubusco State Bank, 
Churubusco, Indiana; First National Bank of Huntington, Huntington, 
Indiana; First National Bank of Warsaw, Warsaw, Indiana; Fort Wayne 
National Bank, Fort Wayne, Indiana; Old First National Bank in 
Bluffton, Bluffton, Indiana; and Valley American Bank and Trust 
Company, South Bend, Indiana.
    C. Federal Reserve Bank of Richmond (A. Linwood Gill III, Assistant 
Vice President) 701 East Byrd Street, Richmond, Virginia 23261-4528:
    1. Centura Banks, Inc., Rocky Mount, North Carolina; to merge with 
Pee Dee Bankshares, Inc., Timmonsville, South Carolina, and thereby 
indirectly acquire Pee Dee State Bank, Timmonsville, South Carolina.

    Board of Governors of the Federal Reserve System, January 14, 
1998.
Jennifer J. Johnson,
Deputy Secretary of the Board.
[FR Doc. 98-1267 Filed 1-16-98; 8:45 am]
BILLING CODE 6210-01-F