Formations of, Acquisitions by, and Mergers of Bank Holding Companies

[Federal Register Volume 63, Number 239 (Monday, December 14, 1998)]
[Notices]
[Pages 68767-68768]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-33040]


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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 January 7, 1999.
    A. Federal Reserve Bank of St. Louis (Randall C. Sumner, Vice 
President) 411

[[Page 68768]]

Locust Street, St. Louis, Missouri 63102-2034:
    1. McIlroy Family Limited Partnership, Bowling Green, Missouri; to 
become a bank holding company by acquiring 33.55 percent of the voting 
shares of Community State Bank of Bowling Green, Bowling Green, 
Missouri.
    2. Union Planters Corporation, Memphis, Tennessee, and its wholly 
owned subsidiary, Union Planters Holding Corporation, Memphis, 
Tennessee; to acquire 100 percent of the voting shares of First & 
Farmers Bancshares, Inc., Somerset, Kentucky, and thereby indirectly 
acquire First & Farmers Bank of Somerset, Somerset, Kentucky, and Bank 
of Cumberland, Burkesville, Kentucky.
    B. Federal Reserve Bank of Kansas City (D. Michael Manies, 
Assistant Vice President) 925 Grand Avenue, Kansas City, Missouri 
64198-0001:
    1. Adbanc, Inc., Ogallala, Nebraska; to acquire 100 percent of the 
voting shares of Indianola Agency, Inc., Indianola, Nebraska; and 
thereby indirectly acquire Bank of Indianola, Indianola, Nebraska.
    C. Federal Reserve Bank of Dallas (W. Arthur Tribble, Vice 
President) 2200 North Pearl Street, Dallas, Texas 75201-2272:
    1. Overton Financial Corporation, Overton, Texas; and its wholly 
owned subsidiary, Overton Delaware Corporation, Dover, Delaware; to 
acquire an additional 0.95 percent, for a total of 33.07 percent of the 
voting shares of Longview Financial Corporation, Longview, Texas, and 
thereby indirectly acquire Longview Delaware Corp. Dover, Delaware, 
First State Bank, Van, Texas, and Longview Bank and Trust Company, 
Longview, Texas.
    D. Federal Reserve Bank of San Francisco (Maria Villanueva, Manager 
of Analytical Support, Consumer Regulation Group) 101 Market Street, 
San Francisco, California 94105-1579:
    1. Western Acquisition Partners, L.P., and Western Acquisitions, 
L.L.C., both of Washington, DC; to acquire up to 100 percent of the 
voting shares of West Coast Bancorp, and thereby indirectly acquire 
Sunwest Bank, both of Tustin, California.
    Board of Governors of the Federal Reserve System, December 8, 1998.
Robert deV. Frierson,
Associate Secretary of the Board.
[FR Doc. 98-33040 Filed 12-11-98; 8:45 am]
BILLING CODE 6210-01-P