[Federal Register: February 9, 2001 (Volume 66, Number 28)]
[Notices]               
[Page 9705-9706]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr09fe01-51]                         

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FEDERAL RESERVE SYSTEM

 
Formations of, Acquisitions by, and Mergers of Bank Holding 
Companies

    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

[[Page 9706]]

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 March 8, 2001.
    A. Federal Reserve Bank of Richmond (A. Linwood Gill, III, Vice 
President) 701 East Byrd Street, Richmond, Virginia 23261-4528:
    1. BB&T Corporation, Winston-Salem, North Carolina; to merge with 
Century South Banks, Inc., Alpharetta, Georgia, and Independent 
Bancorp, Inc., Oxford, Alabama, and thereby indirectly acquire Century 
South Bank of Alabama, Oxford, Alabama; Century South Bank of Central 
Georgia, National Association, Macon, Georgia; Century South Bank of 
Dahlonega, Dahlonega, Georgia; Century South Bank of Danielsville, 
Danielsville, Georgia; Century South Bank of Dawsonville, Dawsonville, 
Georgia; Century South Bank of Ellijay, Ellijay, Georgia; Century South 
Bank of Fannin County, National Association, Blue Ridge, Georgia; 
Century South Bank of Lavonia, Lavonia, Georgia; Century South Bank of 
Northeast Georgia, National Association; Gainesville, Georgia; Century 
South Bank of Polk County, Copperhill, Tennessee; and Century South 
Bank of the Coastal Region, National Association, Savannah, Georgia.
    In connection with this application, Applicant also has applied to 
acquire HBI Acquisition Corp., Waynesboro, North Carolina, and thereby 
indirectly acquire Century South Bank of the Carolinas, FSB, 
Waynesville, North Carolina, and thereby engage in operating a savings 
association, pursuant to Sec. 225.28(b)(4)(ii) of Regulation Y.
    B. Federal Reserve Bank of Minneapolis (JoAnne F. Lewellen, 
Assistant Vice President), 90 Hennepin Avenue, Minneapolis, Minnesota 
55480-0291:
    1. Native American Bancorporation, Co., Denver, Colorado; to become 
a bank holding company by acquiring 100 percent of the voting shares of 
Blackfeet National Bank, Browning, Montana.
    C. Federal Reserve Bank of Kansas City (D. Michael Manies, 
Assistant Vice President), 925 Grand Avenue, Kansas City, Missouri 
64198-0001:
    1. American State Bancshares, Inc., Great Bend, Kansas; to become a 
bank holding company by acquiring 100 percent of the voting shares of 
American State Bank & Trust Company, NA, Great Bend, Kansas.

    Board of Governors of the Federal Reserve System, February 6, 
2001.
Robert deV. Frierson,
Associate Secretary of the Board.
[FR Doc. 01-3393 Filed 2-8-01; 8:45 am]
BILLING CODE 6210-01-U