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 June 30, 2005.
A. Federal Reserve Bank of Atlanta (Andre Anderson, Vice President) 1000 Peachtree Street, N.E., Atlanta, Georgia 30303:
1. Mountain Valley Bancshares, Inc., Cleveland, Georgia; to become a bank holding company by acquiring 100 percent of the voting shares of Mountain Valley Community Bank, Cleveland, Georgia.
B. Federal Reserve Bank of Chicago (Patrick M. Wilder, Assistant Vice Start Printed Page 33145President) 230 South LaSalle Street, Chicago, Illinois 60690-1414:
1. Albany Bancshares, Inc., Albany, Illinois; to acquire 100 percent of the voting shares of Hillsdale Development Corporation, Hillsdale, Illinois, and thereby indirectly acquire voting shares of Old Farmers & Merchants State Bank, Hillsdale, Illinois.
C. Federal Reserve Bank of Minneapolis (Jacqueline G. Nicholas, Community Affairs Officer) 90 Hennepin Avenue, Minneapolis, Minnesota 55480-0291:
1. Menahga Bancshares, Inc., Menahga, Minnesota; to merge with Sebeka Bancshares, Inc., Sebeka, Minnesota, and thereby indirectly acquire voting shares of Security State Bank of Sebeka, Minnesota.
2. St. Joseph Bancshares Acquisitions, Inc., St. Joseph, Minnesota; to become a bank holding company by acquiring 100 percent of the voting shares of St. Joseph Bancshares, Inc., St. Joseph, Minnesota, and thereby indirectly acquire First State Bank of St. Joseph, St. Joseph, Minnesota.
D. Federal Reserve Bank of Dallas (W. Arthur Tribble, Vice President) 2200 North Pearl Street, Dallas, Texas 75201-2272:
1. Pilot Point Bancorp, Inc., ESOP, Pilot Point, Texas; to become a bank holding company by acquiring 26.05 percent of the voting shares of Pilot Point Bancorp, Inc., Pilot Point, Texas, and thereby indirectly acquire PointBank, Pilot Point, Texas.Start Signature
Board of Governors of the Federal Reserve System, June 1, 2005.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. 05-11211 Filed 6-6-05; 8:45 am]
BILLING CODE 6210-01-S