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 www.ffiec.gov/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 December 27, 2001.
A. Federal Reserve Bank of Boston (Richard Walker, Community Affairs Officer) 600 Atlantic Avenue, Boston, Massachusetts 02106-2204:
1. Chittenden Corporation, Burlington, Vermont; to acquire 100 percent of the voting shares of, and thereby merge with Ocean National Corporation, Kennebunk, Maine, and thereby indirectly acquire Ocean National Bank, Kennebunk, Maine.
B. Federal Reserve Bank of Atlanta (Cynthia C. Goodwin, Vice President) 1000 Peachtree Street, N.E., Atlanta, Georgia 30309-4470:
1. F.N.B. Corporation, Naples, Florida; to acquire up to 20 percent of the voting shares of Sun Bancorp, Inc., Selinsgrove, Pennsylvania, and thereby indirectly acquire voting shares of Sun Bank, Selinsgrove, Pennsylvania.
C. Federal Reserve Bank of Dallas (W. Arthur Tribble, Vice President) 2200 North Pearl Street, Dallas, Texas 75201-2272:
1. Jane Austin Chapman Limited Partnership, L.P., Jacksonville, Texas; to become a bank holding company by directly acquiring 14.8 percent of the voting shares of Austin Bancorp, Inc., Jacksonville, Texas; and thereby indirectly acquire voting shares of TEB, Inc., Shreveport, Louisiana; and Austin Bank, Texas National Association, Jacksonville, Texas; and directly acquire 8.1 percent of the voting shares of Capital Bancorp, Inc., Jacinto City, Texas, and thereby indirectly acquire voting shares of JACI, Inc., Wilmington, Delaware, and Capital Bank, Jacinto City, Texas; and directly acquire 9.9 percent of the voting shares of Frankston Bancorp, Inc., Frankston, Texas, and thereby indirectly acquire voting shares of FDB, Inc., Dover, Delaware, and First State Bank, Frankston, Texas; and directly acquire 5.9 percent of the voting shares of First State Bank, Athens, Texas.Start Signature
Board of Governors of the Federal Reserve System, November 27, 2001.
Margaret McCloskey Shanks,
Assistant Secretary of the Board.
[FR Doc. 01-29845 Filed 11-30-01; 8:45 am]
BILLING CODE 6210-01-S