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

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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​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 7, 2000.

A. Federal Reserve Bank of Richmond (A. Linwood Gill III, Vice President) 701 East Byrd Street, Richmond, Virginia 23261-4528:

1. Peoples Financial Group, Inc., Iva, South Carolina; to become a bank holding company by acquiring 100 percent of the voting shares of The Peoples Bank, Iva, South Carolina.

B. Federal Reserve Bank of Atlanta (Lois Berthaume, Vice President) 104 Marietta Street, N.W., Atlanta, Georgia 30303-2713:

1. Regions Financial Corporation, Birmingham, Alabama; to merge with First National Bancshares of Louisiana, Inc., Alexandria, Louisiana, and thereby indirectly acquire Security First National Bank, Alexandria, Louisiana.

2. Regions Financial Corporation, Birmingham, Alabama; to merge with East Coast Bank Corporation, Ormond Beach, Florida, and thereby indirectly acquire Bank at Ormond By-the-Sea, Ormond Beach, Florida.

C. Federal Reserve Bank of Chicago (Phillip Jackson, Applications Officer) 230 South LaSalle Street, Chicago, Illinois 60690-1414:

1. IBT Bancorp, Inc., Mt. Pleasant, Michigan; to merge with FSB Bancorp, Inc, Breckenridge Michigan, and thereby indirectly acquire Farmers State Bank of Breckenridge, Breckenridge, Michigan.

D. Federal Reserve Bank of Minneapolis (JoAnne F. Lewellen, Assistant Vice President) 90 Hennepin Start Printed Page 37136Avenue, Minneapolis, Minnesota 55480-0291:

1. Inter-Mountain Bancorp., Inc., Bozeman, Montana; to merge with Three Forks Bancorporation, Three Forks, Montana; and thereby indirectly acquire Security Bank of Three Forks, Three Forks, Montana.

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Board of Governors of the Federal Reserve System, June 7, 2000.

Robert deV. Frierson,

Associate Secretary of the Board.

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[FR Doc. 00-14846 Filed 6-12-00; 8:45 am]