[Federal Register Volume 60, Number 27 (Thursday, February 9, 1995)]
[Notices]
[Page 7770]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-3236]



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FEDERAL RESERVE SYSTEM


F & M National Corporation, et al.; Formations of; Acquisitions 
by; and Mergers of Bank Holding Companies

    The companies listed in this notice have applied for the Board's 
approval under section 3 of the Bank Holding Company Act (12 U.S.C. 
1842) and Sec.  225.14 of the Board's Regulation Y (12 CFR 225.14) to 
become a bank holding company or to acquire a bank or bank holding 
company. The factors that are considered in acting on the applications 
are set forth in section 3(c) of the Act (12 U.S.C. 1842(c)).
    Each application is available for immediate inspection at the 
Federal Reserve Bank indicated. Once the application has been accepted 
for processing, it will also be available for inspection at the offices 
of the Board of Governors. Interested persons may express their views 
in writing to the Reserve Bank or to the offices of the Board of 
Governors. Any comment on an application that requests a hearing must 
include a statement of why a written presentation would not suffice in 
lieu of a hearing, identifying specifically any questions of fact that 
are in dispute and summarizing the evidence that would be presented at 
a hearing.
    Unless otherwise noted, comments regarding each of these 
applications must be received not later than March 6, 1995.
    A. Federal Reserve Bank of Richmond (Lloyd W. Bostian, Jr., Senior 
Vice President) 701 East Byrd Street, Richmond, Virginia 23261:
    1. F & M National Corporation, Winchester, Virginia; to acquire 100 
percent of the voting shares of Bank of the Potomac, Inc., Herndon, 
Virginia.
    B. Federal Reserve Bank of Atlanta (Zane R. Kelley, Vice President) 
104 Marietta Street, N.W., Atlanta, Georgia 30303:
    1. Community Group, Inc., Chattanooga, Tennessee; to acquire 100 
percent of the voting shares of Etowah Bancing Company, Etowah, 
Tennessee, and thereby acquire Southern United Bank of McMinn County, 
Etowah, Tennessee.
    2. Greater Rome Bancshares, Inc., Rome, Georgia; to become a bank 
holding company by acquiring 100 percent of the voting shares of 
Greater Rome Bank, Rome Georgia, a de novo bank.
    C. Federal Reserve Bank of Chicago (James A. Bluemle, Vice 
President) 230 South LaSalle Street, Chicago, Illinois 60690:
    1. AMCORE Financial, Inc., Rockford, Illinois; to acquire 100 
percent of the voting shares of NBM Bancorp, Inc., Mendota, Illinois, 
and thereby indirectly acquire First National Bank of Peru, Peru, 
Illinois, and National Bank of Mendota, Mendota, Illinois.
    D. Federal Reserve Bank of Minneapolis (James M. Lyon, Vice 
President) 250 Marquette Avenue, Minneapolis, Minnesota 55480:
    1. Otto Bremer Foundation and Bremer Financial Corporation, both of 
St. Paul, Minnesota; to merge with Morris State Bancorporation, Morris, 
Minnesota, and thereby indirectly acquire Morris State Bank, Morris, 
Minnesota.
    E. Federal Reserve Bank of Kansas City (John E. Yorke, Senior Vice 
President) 925 Grand Avenue, Kansas City, Missouri 64198:
    1. American State Bank ESOP, Broken Bow, Oklahoma; to become a bank 
holding company by acquiring 37.04 percent of the voting shares of 
American State Bancshares, Inc., Broken Bow, Oklahoma, and thereby 
indirectly acquire American State Bank, Broken Bow, Oklahoma.
    2. Overland Bancorp, Inc., Belton, Missouri; to become a bank 
holding company by acquiring 80 percent of the voting shares of Bank of 
Belton, Belton, Missouri.
    F. Federal Reserve Bank of Dallas (Genie D. Short, Vice President) 
2200 North Pearl Street, Dallas, Texas 75201-2272:
    1. Gulf Southwest Nevada Bancorp, Inc., Reno, Nevada; and Gulf 
Southwest Bancorp, Inc., Houston, Texas to acquire 100 percent of the 
voting shares of Texas Gulf Coast Bancorp, Inc., Houston, Texas, and 
thereby indirectly acquire First Bank Mainland, LaMarque, Texas; First 
Bank Pearland, Pearland, Texas; and Texas City Bank, Texas City, Texas.

    Board of Governors of the Federal Reserve System, February 3, 
1995.
Jennifer J. Johnson,
Deputy Secretary of the Board.
[FR Doc. 95-3236 Filed 2-8-95; 8:45 am]
BILLING CODE 6210-01-F