[Federal Register: May 21, 1998 (Volume 63, Number 98)]
[Notices]               
[Page 27972]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr21my98-107]


[[Page 27972]]

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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. 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 June 15, 1998.
    A. Federal Reserve Bank of New York (Betsy Buttrill White, Senior 
Vice President) 33 Liberty Street, New York, New York 10045-0001:
    1. Oswego County, MHC, Oswego, New York, Pathfinder Bancorp, MHC, 
Oswego, New York, to acquire or retain more than 50 percent of the 
voting shares of Oswego County MHC, Oswego, New York. In connection 
with this application, Oswego County, MHC, Oswego, New York, also has 
applied to become a bank holding company.
    2. PASL Holding Corp., New York, New York, and MetBank Holding 
Corp., New York, New York; to become bank holding companies by 
acquiring more than 50 percent of the voting shares of Metropolitan 
National Bank, New York, New York.
    3. RSI Bancorp, MHC, and RSI Bancorp, Inc., both of Rahway, New 
Jersey; to become bank holding companies by acquiring more than 50 
percent of the voting shares of The Rahway Savings Institution, Rahway, 
New Jersey.
    B. Federal Reserve Bank of Philadelphia (Michael E. Collins, Senior 
Vice President) 100 North 6th Street, Philadelphia, Pennsylvania 19105-
1521:
    1. Commerce Bancorp, Inc., Cherry Hill, New Jersey; to acquire 100 
percent of the voting shares of Commerce Bank/Delaware, National 
Association, Wilmington, Delaware.
    C. Federal Reserve Bank of Kansas City (D. Michael Manies, 
Assistant Vice President) 925 Grand Avenue, Kansas City, Missouri 
64198-0001:
    1. Gold Banc Corporation, Inc., Leawood, Kansas; to acquire 100 
percent of the voting shares of Farmers State Bancshares of Sabetha, 
Sabetha, Kansas, and thereby indirectly acquire Farmers State Bank, 
Sabetha, Kansas.

    Board of Governors of the Federal Reserve System, May 18, 1998.
Jennifer J. Johnson,
Deputy Secretary of the Board.
[FR Doc. 98-13642 Filed 5-20-98; 8:45 am]
BILLING CODE 6210-01-F