[Federal Register Volume 60, Number 45 (Wednesday, March 8, 1995)]
[Notices]
[Page 12768]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-5603]



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FEDERAL RESERVE SYSTEM


First Southern Bancshares, Inc., 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 31, 1995.
    A. Federal Reserve Bank of Atlanta (Zane R. Kelley, Vice President) 
104 Marietta Street, N.W., Atlanta, Georgia 30303:
    1. First Southern Bancshares, Inc., Florence, Alabama; to become a 
bank holding company by acquiring 100 percent of the voting shares of 
First Southern Bank, Florence, Alabama, a de novo bank.
    B. Federal Reserve Bank of Chicago (James A. Bluemle, Vice 
President) 230 South LaSalle Street, Chicago, Illinois 60690:
    1. Citizens Financial Corporation Employee Stock Ownership Plan, 
Fort Atkinson, Wisconsin; to acquire 47.6 percent of the voting shares 
of Citizens State bank, Fort Atkinson, Wisconsin, and thereby 
indirectly acquire Citizens Financial Corporation, Fort Atkinson, 
Wisconsin.
    C. Federal Reserve Bank of Minneapolis (James M. Lyon, Vice 
President) 250 Marquette Avenue, Minneapolis, Minnesota 55480:
    1. Norwest Corporation, Minneapolis, Minnesota; to acquire 100 
percent of the voting shares of First Tule Bancorp, Inc., Tulia, Texas, 
and thereby indirectly acquire First Tule Bancorp of Delaware, Inc., 
Wilmington, Delaware, and First Tule National Bank of Tulia, Tulia, 
Texas.
    2. Norwest Corporation, Minneapolis, Minnesota; to acquire 100 
percent of the voting shares of New Braunfels Bancshares, Inc., New 
Braunfels, Texas, and thereby indirectly acquire Citizens Bank, New 
Braunfels, Texas.

    Board of Governors of the Federal Reserve System, March 2, 1995.
Jennifer J. Johnson,
Deputy Secretary of the Board.
[FR Doc. 95-5603 Filed 3-7-95; 8:45 am]
BILLING CODE 6210-01-F