[Federal Register Volume 65, Number 69 (Monday, April 10, 2000)]
[Notices]
[Pages 18996-18997]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 00-8809]
-----------------------------------------------------------------------
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
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 5, 2000.
A. Federal Reserve Bank of Richmond (A. Linwood Gill, III, Vice
President) 701 East Byrd Street, Richmond, Virginia 23261-4528:
1. Sun Bancshares, Inc., Murrells Inlet, South Carolina; to become
a bank holding company by acquiring 100 percent of the voting shares of
SunBank, N.A. (in organization), Murrells Inlet, South Carolina.
B. Federal Reserve Bank of San Francisco (Maria Villanueva,
Consumer Regulation Group) 101 Market Street, San Francisco, California
94105-1579:
1. Wells Fargo & Company, San Francisco, California; to acquire 100
percent of the voting shares of First Commerce Bancshares, Inc.,
Lincoln, Nebraska; National Bank of Commerce Trust & SA, Lincoln,
Nebraska; City National Bank & Trust Corporation, Hastings, Nebraska;
Overland National Bank of Grand Island; Grand Island, Nebraska; First
National Bank & Trust of Kearney, Kearney, Nebraska; Western Nebraska
National Bank, North Platte, Nebraska; First National Bank of McCook,
McCook, Nebraska; First National Bank of West Point, West Point,
Nebraska; and First Commerce Bank of Colorado, N.A., Colorado Springs,
Colorado.
In connection with this application, Applicant also has applied to
acquire First Commerce Technology, Inc., Lincoln, Nebraska, and thereby
engage in data processing activities, pursuant to Sec. 225.28(b)(14) of
Regulation Y; First Commerce Mortgage, Inc., Lincoln, Nebraska, and
thereby engage in mortgage purchasing and servicing company activities,
pursuant to Sec. 225.28(b)(1) of Regulation Y; Cabela's LLC, Lincoln,
Nebraska, and thereby engage in credit card joint venture activities,
pursuant Sec. 225.28(b)(1) of Regulation Y; Community Mortgage Corp.,
Lincoln, Nebraska, and thereby engage in mortgage origination company
activities, pursuant to Sec. 225.28(b)(1) of Regulation Y; Elleven
Corp., Lincoln, Nebraska, and thereby engage in holding and operating
property used by company and its subsidiaries, pursuant to
Sec. 225.22(b)(2)(vi) of Regulation Y; Commerce Affiliated Life
Insurance Co., Lincoln, Nebraska, and thereby engage in captive credit
life insurance company activities, pursuant to Sec. 225.28(b)(11) of
Regulation Y; and First Commerce Investors, Inc., Lincoln, Nebraska,
and thereby engage in investment advisory company activities, pursuant
to Sec. 225.28(b)(6) of Regulation Y.
[[Page 18997]]
Board of Governors of the Federal Reserve System, April 5, 2000.
Robert deV. Frierson,
Associate Secretary of the Board.
[FR Doc. 00-8809 Filed 4-7-00; 8:45 am]
BILLING CODE 6210-01-P