[Federal Register Volume 63, Number 108 (Friday, June 5, 1998)]
[Notices]
[Pages 30759-30760]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-15025]


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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 July 2, 1998.
    A. Federal Reserve Bank of Richmond (A. Linwood Gill III, Assistant 
Vice President) 701 East Byrd Street, Richmond, Virginia 23261-4528:
    1. Anchor Financial Corporation, Myrtle Beach, South Carolina; to 
merge with M&M Financial Corporation, Marion, South Carolina, and 
thereby indirectly acquire First National South Marion, South Carolina.
    2. Anchor Financial Corporation, Myrtle Beach, South Carolina, to 
merge with ComSouth Bankshares, Inc., Columbia, South Carolina, and 
thereby indirectly acquire Bank of Charleston, National Association, 
Charleston, South Carolina, and Bank of Columbia, N.A., Columbia, South 
Carolina.
    B. Federal Reserve Bank of Chicago (Philip Jackson, Applications 
Officer) 230 South LaSalle Street, Chicago, Illinois 60690-1413:
    1. LeMars Acquisition Corp., LeMars, Iowa; to become a bank holding 
company by acquiring more than 80 percent of the voting shares of 
LeMars Bank & Trust Company, LeMars, Iowa.
    C. Federal Reserve Bank of St. Louis (Randall C. Sumner, Vice 
President) 411 Locust Street, St. Louis, Missouri 63102-2034:
    1. Peoples Service Company, Nixa, Missouri; to become a bank 
holding company by acquiring more than 80 percent of the voting shares 
of Peoples Banking Company, Springfield, Missouri, and thereby 
indirectly acquire Peoples Bank of the Ozarks, Nixa, Missouri; Citizens 
Bank of the Ozarks, Camdenton, Missouri; and Peoples Bank of Fordland, 
Fordland, Missouri.
    D. Federal Reserve Bank of Kansas City (D. Michael Manies, 
Assistant Vice President) 925 Grand Avenue, Kansas City, Missouri 
64198-0001:
    1. Apex Mortgage Company, Edmond, Oklahoma; to become a bank 
holding company by acquiring 100 percent of the voting shares of Edmond 
Bank & Trust, Edmond, Oklahoma.


[[Page 30760]]


    Board of Governors of the Federal Reserve System, June 2, 1998.
Robert deV. Frierson,
Associate Secretary of the Board.
[FR Doc. 98-15025 Filed 6-4-98; 8:45 am]
BILLING CODE 6210-01-F