[Federal Register: December 15, 1999 (Volume 64, Number 240)]
[Notices]               
[Page 70030-70031]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr15de99-70]                         

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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.
    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 January 7, 2000.
    A. Federal Reserve Bank of Chicago (Philip Jackson, Applications 
Officer) 230 South LaSalle Street, Chicago, Illinois 60690-1413:
    1. Glenwood Bancorporation, Glenwood, Iowa; to acquire 100 percent 
of the voting shares of Frontier Savings Bank (in organization), 
Council Bluffs, Iowa.
    2. Terre Haute Savings MHC, Inc., Terre Haute, Indiana; to become a 
bank holding company by acquiring 100 percent of the voting shares of 
Terre Haute Savings Bank, Terre Haute, Indiana, through the conversion 
of the savings bank from the mutual to the stock form of organization.
    B. Federal Reserve Bank of Minneapolis (JoAnne F. Lewellen, 
Assistant Vice President) 90 Hennepin Avenue, P.O. Box 291, 
Minneapolis, Minnesota 55480-0291:3
    1. Otto Bremer Foundation and Bremer Financial Corporation, both of 
St. Paul, Minnesota; to acquire 100 percent of the voting shares of 
Northwest Equity Corp., Amery, Wisconsin, and thereby indirectly 
acquire voting shares of Northwest Savings Bank, Amery, Wisconsin.
    C. Federal Reserve Bank of San Francisco (Maria Villanueva, Manager 
of Analytical Support, Consumer

[[Page 70031]]

Regulation Group) 101 Market Street, San Francisco, California 94105-
1579:
    1. Banque Nationale de Paris, Paris, France; to acquire up to 45 
percent of the voting shares of BancWest Corporation, Honolulu, Hawaii, 
and thereby indirectly acquire voting shares of Bank of the West, San 
Francisco, California, and First Hawaiian Bank, Honolulu, Hawaii.

    Board of Governors of the Federal Reserve System, December 8, 
1999.
Robert deV. Frierson,
Associate Secretary of the Board.
[FR Doc. 99-32257 Filed 12-14-99; 8:45 am]
BILLING CODE 6210-01-F