[Federal Register: May 1, 1998 (Volume 63, Number 84)]
[Notices]               
[Page 24184-24185]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr01my98-90]

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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

[[Page 24185]]

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. Unless 
otherwise noted, nonbanking activities will be conducted throughout the 
United States.
    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 26, 1998.
    A. Federal Reserve Bank of Richmond (A. Linwood Gill III, Assistant 
Vice President) 701 East Byrd Street, Richmond, Virginia 23261-4528:
    1. FirstBancorporation, Inc., Beaufort, South Carolina; to acquire 
100 percent of the voting shares of FirstBank of the Midlands, N.A., 
Columbia, South Carolina (in organization).
    B. Federal Reserve Bank of Chicago (Philip Jackson, Applications 
Officer) 230 South LaSalle Street, Chicago, Illinois 60690-1413:
    1. Rigler Investment Company, New Hampton, Iowa; to acquire 100 
percent of the voting shares of Figge Bancshares, Inc., Ossian, Iowa, 
and thereby indirectly acquire The Ossian State Bank, Ossian, Iowa, and 
Iowa State Bank, Calmar, Iowa.
    C. Federal Reserve Bank of Kansas City (D. Michael Manies, 
Assistant Vice President) 925 Grand Avenue, Kansas City, Missouri 
64198-0001:
    1. Central Trust Company, Lander, Wyoming; to acquire 64.44 percent 
of the voting shares of VH Bancorporation Inc., Edina, Minnesota, and 
thereby indirectly acquire Grand Marais State Bank, Grand Marais, 
Minnesota.

    Board of Governors of the Federal Reserve System, April 28, 
1998.
Jennifer J. Johnson,
Deputy Secretary of the Board.
[FR Doc. 98-11671 Filed 4-30-98; 8:45 am]
BILLING CODE 6210-01-F