[Federal Register Volume 65, Number 77 (Thursday, April 20, 2000)]
[Notices]
[Pages 21198-21199]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 00-9885]


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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 (12 U.S.C. 1843). Unless otherwise noted, 
nonbanking activities will be conducted throughout the United States. 
Additional information on all bank holding companies may be obtained 
from the National Information Center website at www.ffiec.gov/nic/.
    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 15, 2000.
    A. Federal Reserve Bank of New York (Betsy Buttrill White, Senior 
Vice President), 33 Liberty Street, New York, New York 10045-0001:
    1. Troy Financial Corporation, Troy, New York; to acquire 100 
percent of the voting shares of The Troy Commercial Bank, Troy, New 
York.
    B. Federal Reserve Bank of Richmond (A. Linwood Gill, III, Vice 
President), 701 East Byrd Street, Richmond, Virginia 23261-4528:
    1. Carolina First Corporation, Greenville, South Carolina; to merge 
with Anchor Financial Corporation, Myrtle Beach, South Carolina, and 
thereby indirectly acquire The Anchor Bank, Myrtle Beach, South 
Carolina; and shares of RHBT Financial Corporation, Rock Hill, South 
Carolina; and Rock Hill Bank & Trust, Rock Hill, South Carolina.
    2. First Bancorp, Troy, North Carolina; to merge with First Savings 
Bancorp, Inc., Southern Pines, North Carolina, and thereby indirectly 
acquire First Savings Bank of Moore County, Inc., SSB, Southern Pines, 
North Carolina.
    C. Federal Reserve Bank of Chicago (Phillip Jackson, Applications 
Officer), 230 South LaSalle Street, Chicago, Illinois 60690-1414:
    1. Firstbank Corporation, Alma, Michigan; to acquire 100 percent of 
the voting shares of Firstbank-St. Johns (in organization), St. Johns, 
Michigan.
    D. Federal Reserve Bank of St. Louis (Randall C. Sumner, Vice 
President), 411 Locust Street, St. Louis, Missouri 63166-2034:
    1. G.A.C., Inc., St. Louis, Missouri; to become a bank holding 
company by acquiring 100 percent of the voting shares of Gateway 
National Bank of St. Louis, St. Louis, Missouri.
    E. Federal Reserve Bank of Kansas City (D. Michael Manies, 
Assistant Vice President), 925 Grand Avenue, Kansas City, Missouri 
64198-0001:
    1. First Liberty Capital Corporation ESOP, Hugo, Colorado; to 
become a bank holding company by acquiring 25 percent of the voting 
shares of First Liberty Capital Corporation, Hugo, Colorado, and 
thereby indirectly acquire First National Bank of Hugo, Hugo, Colorado.
    F. Federal Reserve Bank of San Francisco (Maria Villanueva, 
Consumer Regulation Group), 101 Market Street, San Francisco, 
California 94105-1579:
    1. Frontier Financial Corporation, Everett, Washington; to acquire 
up to 100 percent of the voting shares of Liberty Bay Financial 
Corporation,

[[Page 21199]]

Poulsbo, Washington, and thereby indirectly acquire North Sound Bank, 
Poulsbo, Washington.

    Board of Governors of the Federal Reserve System, April 14, 
2000.
Jennifer J. Johnson,
Secretary of the Board.
[FR Doc. 00-9885 Filed 4-19-00; 8:45 am]
BILLING CODE 6210-01-P