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 Start Printed Page 55632conducted 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 October 8, 2004.
A. Federal Reserve Bank of New York (Jay Bernstein, Bank Supervision Officer) 33 Liberty Street, New York, New York 10045-0001:
1. Excel Bancorp LLC, New York, New York to become a bank holding company by acquiring 96.93 percent of the voting shares of Excel Bank, National Association, New York, New York.
B. Federal Reserve Bank of Minneapolis (Jacqueline G. Nicholas, Community Affairs Officer) 90 Hennepin Avenue, Minneapolis, Minnesota 55480-0291:
1. First National Bancorp, Inc., Brewster, Minnesota; to become a bank holding company by acquiring 100 percent of the voting shares of Nobles Agency, Inc., Brewster, Minnesota, and thereby indirectly acquire voting shares of The First National Bank of Brewster, Brewster, Minnesota. Applicant also proposes through the acquisition of Nobles Agency, Inc., Brewster, Minnesota, to engage in insurance agency activities in a town with a population not exceeding 5,000, pursuant to section 225.28(b)(11)(iii)(A) of Regulation Y.Start Signature
Board of Governors of the Federal Reserve System, September 9, 2004.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. 04-20733 Filed 9-14-04; 8:45 am]
BILLING CODE 6210-01-S