[Federal Register: May 1, 2000 (Volume 65, Number 84)]
[Notices]               
[Page 25328-25329]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr01my00-54]                         

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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

[[Page 25329]]

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 May 25, 2000.
    A. Federal Reserve Bank of Atlanta (Lois Berthaume, Vice President) 
104 Marietta Street, N.W., Atlanta, Georgia 30303-2713:
    1. Compass Bancshares, Inc., Birmingham, Alabama; to merge with 
Founders Bancorp, Inc., Scottsdale, Arizona, and thereby indirectly 
acquire Founders Bank of Arizona, Scottsdale, Arizona.
    B. Federal Reserve Bank of Dallas (W. Arthur Tribble, Vice 
President) 2200 North Pearl Street, Dallas, Texas 75201-2272:
    1. Keene Bancorp, Inc., 401(k) Employee Stock Ownership Plan and 
Trust, Keene, Texas; to acquire 46.29 percent of the voting shares of 
Keene Bancorp, Inc., Keene, Texas, and thereby indirectly acquire 
Nichols Bancshares, Inc., Dover, Delaware, and First State Bank, Keene, 
Texas.

Board of Governors of the Federal Reserve System, April 25, 2000.
Robert deV. Frierson,
Associate Secretary of the Board.
[FR Doc. 00-10701 Filed 4-28-00; 8:45 am]
BILLING CODE 6210-01-P