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 Web site 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 May 30, 2003.
A. Federal Reserve Bank of Atlanta (Sue Costello, Vice President) 1000 Peachtree Street, N.E., Atlanta, Georgia 30309-4470:
1. Citizens National Banc Corporation, Meridian, Mississippi; to become a bank holding company by acquiring 100 percent of the voting shares of The Citizens National Bank of Meridian, Meridian, Mississippi.
B. Federal Reserve Bank of San Francisco (Maria Villanueva, Consumer Regulation Group) 101 Market Street, San Francisco, California 94105-1579:
1. Central Pacific Financial Corp., Honolulu, Hawaii; to acquire at least 50.1 percent and up to 100 percent of CB Bancshares, Inc., and thereby indirectly acquire City Bank, both of Honolulu, Hawaii.
--In connection with this application, Central Pacific Financial Corp., Honolulu, Hawaii, also has applied to engage indirectly in data processing activities pursuant to section 225.28(b)(14)(i), through the acquisition of Datatronix Financial Services, Inc., Honolulu, Hawaii.Start Signature
Board of Governors of the Federal Reserve System, May 1, 2003.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. 03-11254 Filed 5-6-03; 8:45 am]
BILLING CODE 6210-01-S