[Federal Register Volume 66, Number 112 (Monday, June 11, 2001)]
[Notices]
[Page 31240]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 01-14545]


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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 July 6, 2001.
    A. Federal Reserve Bank of Atlanta (Cynthia C. Goodwin, Vice 
President) 104 Marietta Street, N.W., Atlanta, Georgia 30303-2713:
    1. SunTrust Banks, Inc., Atlanta, Georgia; to acquire at least 50.1 
percent of the voting shares of, and thereby merge with Wachovia 
Corporation, Winston-Salem, North Carolina, and thereby indirectly 
acquire voting shares of Wachovia Bank, N.A., Winston-Salem, North 
Carolina; The First National Bank of Atlanta (d/b/a) Wachovia Bank Card 
Services, N.A., New Castle, Delaware; and Republic Security Bank, West 
Palm Beach, Florida.
    In connection with this application, Applicant also has applied to 
acquire Atlantic Savings Bank, FSB, Hilton Head, South Carolina, and 
thereby engage in operating a savings association, pursuant to Sec.  
225.28(b)(4)(ii) of Regulation Y.
    B. Federal Reserve Bank of Chicago (Phillip Jackson, Applications 
Officer) 230 South LaSalle Street, Chicago, Illinois 60690-1414:
    1. American Bank Holdings, LLC, Cedar Falls, Iowa; to become a bank 
holding company by acquiring 100 percent of the voting shares of 
American Bancorporation, Cedar Falls, Iowa, and thereby indirectly 
acquire voting shares of Cedar Valley Holding Company, Cedar Falls, 
Iowa (formerly The Newburg Corporation, Saint Ansgar, Iowa), and Cedar 
Valley State Bank, Saint Ansgar, Iowa.

    Board of Governors of the Federal Reserve System, June 5, 2001.
Robert deV. Frierson,
Associate Secretary of the Board.
[FR Doc. 01-14545 Filed 6-8-01; 8:45 am]
BILLING CODE 6210-01-S