73 FR 200 pg. 61129 - Formations of, Acquisitions by, and Mergers of Bank Holding Companies

Type: NOTICEVolume: 73Number: 200Page: 61129
FR document: [FR Doc. E8-24347 Filed 10-14-08; 8:45 am]
Agency: Federal Reserve System
Official PDF Version:  PDF Version

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 applications 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 November 7, 2008.

A. Federal Reserve Bank of Kansas City (Todd Offenbacker, Assistant Vice President) 1 Memorial Drive, Kansas City, Missouri 64198-0001:

1. The Grace Investment Company, Inc. ESOP , to become a bank holding company by acquiring 30 percent of the voting shares of Grace Investment Company, Inc., and thereby indirectly acquire voting shares of Alva State Bank Trust Company, all of Alva, Oklahoma, and First National Bank in Okeene, Okeene, Oklahoma.

B. Federal Reserve Bank of Dallas (E. Ann Worthy, Vice President) 2200 North Pearl Street, Dallas, Texas 75201-2272:

1. CBFH, Inc. , Orange, Texas, to merge with Crosby Bancshares, Inc., Crosby, Texas, and thereby indirectly acquire Crosby Bancshares of Delaware, Inc., Wilmington, Delaware, and Crosby State Bank, Crosby, Texas.

In connection with the above application, Hillister Enterprises, II, Inc., and Umphrey II Family Limited Partnership, both of Beaumont, Texas, also have applied to acquire the successor by merger of Crosby Bancshares, Inc., Crosby, Texas, and CBFH, Inc., Orange, Texas.

Board of Governors of the Federal Reserve System, October 8, 2008.

Robert deV. Frierson,

Deputy Secretary of the Board.

[FR Doc. E8-24347 Filed 10-14-08; 8:45 am]

BILLING CODE 6210-01-S