70 FR 68 pg. 18397 - Formations of, Acquisitions by, and Mergers of Bank HoldingCompanies

Type: NOTICEVolume: 70Number: 68Page: 18397
FR document: [FR Doc. 05-7133 Filed 4-8-05; 8:45 am]
Agency: Federal Reserve System
Official PDF Version:  PDF Version

FEDERAL RESERVE SYSTEM

Formations of, Acquisitions by, and Mergers of Bank HoldingCompanies

The companies listed in this notice have applied to the Board forapproval, 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 allother applicable statutes and regulations to become a bank holding companyand/or to acquire the assets or the ownership of, control of, or the powerto vote shares of a bank or bank holding company and all of the banks andnonbanking companies owned by the bank holding company, including thecompanies listed below.

The applications listed below, as well as other related filings requiredby the Board, are available for immediate inspection at the Federal ReserveBank indicated. The application also will be available for inspection atthe offices of the Board of Governors. Interested persons may expresstheir views in writing on the standards enumerated in the BHC Act (12U.S.C. 1842(c)). If the proposal also involves the acquisition of anonbanking company, the review also includes whether the acquisition of thenonbanking company complies with the standards in section 4 of the BHC Act(12 U.S.C. 1843). Unless otherwise noted, nonbanking activities will beconducted throughout the United States. Additional information on all bankholding companies may be obtained from the National Information Centerwebsite at www.ffiec.gov/nic/ .

Unless otherwise noted, comments regarding each of these applicationsmust be received at the Reserve Bank indicated or the offices of the Boardof Governors not later than May 5, 2005.

A. Federal Reserve Bank of Philadelphia (Michael E.Collins, Senior Vice President) 100 North 6th Street, Philadelphia,Pennsylvania 19105-1521:

1. Citizens and Northern Corporation , Wellsboro,Pennsylvania; to acquire 100 percent of the voting shares of CanisteoValley Corporation, Canisteo, New York, and thereby indirectly acquirevoting shares of First State Bank, Canisteo, New York.

In connection with this application, Applicant also has applied toengage in the sale of credit related insurance, pursuant to section225.28(b)(11)(i) of Regulation Y.

B. Federal Reserve Bank of Chicago (Patrick M. Wilder,Assistant Vice President) 230 South LaSalle Street, Chicago, Illinois60690-1414:

1. Mainsource Financial Group , Greensburg, Indiana; toacquire 100 percent of the voting shares of Madison Bank TrustCompany, Madison, Indiana.

Board of Governors of the Federal Reserve System, April 5, 2005.

Robert deV. Frierson,

Deputy Secretary of the Board.

[FR Doc. 05-7133 Filed 4-8-05; 8:45 am]

BILLING CODE 6210-01-S