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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.) Start Printed Page 57354(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 October 17, 2000.

A. Federal Reserve Bank of New York (Betsy Buttrill White, Senior Vice President) 33 Liberty Street, New York, New York 10045-0001:

1. Bank Hapoalim B.M., Tel Aviv, Israel; Zahar Hashemesh Le'Hashkaot Ltd., Tel Aviv, Israel, & Hapoalim U.S.A. Holding Company, Inc., New York, New York; to become bank holding companies by acquiring 100 percent of the voting shares of Signature Bank, New York, New York, a proposed de novo bank.

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

1. FNB Corporation, Christiansburg, Virginia; to merge with CNB Holdings, Inc., Pulaski, Virginia, and thereby indirectly acquire Community National Bank, Pulaski, Virginia.

C. Federal Reserve Bank of Kansas City (D. Michael Manies, Assistant Vice President) 925 Grand Avenue, Kansas City, Missouri 64198-0001:

1. Guaranty Corporation, Denver, Colorado; to merge with Bank Capital Corporation, Strasburg, Colorado, and thereby indirectly acquire The First National Bank of Strasburg, Strasburg, Colorado, and Collegiate Peaks Bancorporation, Strasburg, Colorado, and its subsidiary, Collegiate Peaks Bank, Buena Vista, Colorado. In connection with this proposal, Guaranty Corporation, Denver, Colorado; also has applied to acquire Bank Capital Mortgage LLC, Strasburg, Colorado, and thereby engage in extension of credit and servicing of loans activities pursuant to § 228.28(b)(1) of Regulation Y.

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Board of Governors of the Federal Reserve System, September 18, 2000.

Robert deV. Frierson,

Associate Secretary of the Board.

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[FR Doc. 00-24359 Filed 9-21-00; 8:45 am]