44032 Federal Register / Vol. 60, No. 164 / Thursday, August 24, 1995 / Notices

Dated: August 18, 1995. (First Fidelity). First Union has applied acquire an additional 1.41 percent, for a James L. Witt, to merge First Fidelity with First total of 11.87 percent, of the voting Director. Union’s direct subsidiary, First Union shares of First Bancorporation of [FR Doc. 95–21036 Filed 8–23–95; 8:45 am] Corporation of New Jersey, Newark, Cleveland, Cleveland, Texas, and BILLING CODE 6718±02±M New Jersey. thereby indirectly acquire First Bank & Any comments or requests for hearing Trust, Cleveland, Texas. should be submitted in writing and Board of Governors of the Federal Reserve FEDERAL RESERVE SYSTEM received by William W. Wiles, System, August 18, 1995 Secretary, Board of Governors of the Jennifer J. Johnson, Federal Reserve System, Washington, Banco Santander, S.A.; FFB Deputy Secretary of the Board. Participacoes e Servicos, S.A. D.C. 20551, not later than September 11, [FR Doc. 95–20997 Filed 8–23–95; 8:45 am] Acquisition of Voting Securities of a 1995. Any request for a hearing on this Bank Holding Company proposal must, as required by section BILLING CODE 6210±01±F 262.3(e) of the Board’s Rules of Banco Santander, S.A., Madrid, Procedure (12 CFR 262.3(e)), be Carolina Community Bancshares, Inc.; Spain, and its wholly owned subsidiary, accompanied by a statement of the Formation of, Acquisition by, or FFB Participacoes e Servicos, S.A., reasons why a written presentation Merger of Bank Holding Companies Funchal, Portugal (together, Applicant), would not suffice in lieu of a hearing, has applied under sections 3 and 4 of identifying specifically any questions of The company listed in this notice has the Bank Holding Company Act (12 fact that are in dispute, summarizing the U.S.C. 1842 and 1843) (BHC Act) and applied for the Board’s approval under evidence that would be presented at a section 3 of the Bank Holding Company §§ 225.14, 225.21(a) and 225.23(a) of the hearing, and indicating how the party Board’s Regulation Y (12 CFR 225.14, Act (12 U.S.C. 1842) and § 225.14 of the commenting would be aggrieved by Board’s Regulation Y (12 CFR 225.14) to 225.21(a), and 225.23(a)), to acquire approval of the proposal. The notice approximately 11.4 percent of the become a bank holding company or to may be inspected at the offices of the acquire a bank or bank holding outstanding voting shares of First Union Board of Governors or the Federal Corporation, Charlotte, North Carolina company. The factors that are Reserve Bank of New York. considered in acting on the applications (First Union), and thereby indirectly Board of Governors of the Federal Reserve acquire interests in the following First System, August 18, 1995. are set forth in section 3(c) of the Act (12 U.S.C. 1842(c)). Union bank and nonbank subsidiaries: Jennifer J. Johnson, First Union National Bank of Florida, The application is available for Jacksonville, Florida; First Union Deputy Secretary of the Board [FR. Doc. 95–20999 Filed 8–23–95; 8:45 am] immediate inspection at the Federal National Bank of North Carolina, Reserve Bank indicated. Once the BILLING CODE 6210±01±F Charlotte, North Carolina; First Union application has been accepted for National Bank of Georgia, Atlanta, processing, it will also be available for Georgia; First Union National Bank of Andrew Rayford Bounds, Jr. & Mary inspection at the offices of the Board of Tennessee, Nashville, Tennessee; First Governors. Interested persons may Union National Bank of Maryland, Lou Bounds; Change in Bank Control Notice express their views in writing to the Rockville, Maryland; First Union Reserve Bank indicated for that National Bank of Virginia, Roanoke, application or to the offices of the Board Virginia; First Union National Bank of Acquisition of Shares of Banks or Bank Holding Companies of Governors. Any comment on an Washington, D.C., Washington, D.C.; application that requests a hearing must First Union National Bank of South The notificant listed below has include a statement of why a written Carolina, Greenville, South Carolina; applied under the Change in Bank presentation would not suffice in lieu of First Union Home Equity Bank, National Control Act (12 U.S.C. 1817(j)) and a hearing, identifying specifically any Association, Charlotte, North Carolina; § 225.41 of the Board’s Regulation Y (12 questions of fact that are in dispute and First Union Capital Markets CFR 225.41) to acquire a bank or bank summarizing the evidence that would Corporation, Charlotte, North Carolina; holding company. The factors that are be presented at a hearing. First Union Community Development considered in acting on notices are set Comments regarding this application Corporation, Charlotte, North Carolina; forth in paragraph 7 of the Act (12 must be received not later than First Union Development Corporation, U.S.C. 1817(j)(7)). Charlotte, North Carolina; First Union The notice is available for immediate September 18, 1995. Export Trading Company, Charlotte, inspection at the Federal Reserve Bank A. Federal Reserve Bank of North Carolina; First Union Futures indicated. Once the notice has been Richmond (Lloyd W. Bostian, Jr., Senior Corporation, Charlotte, North Carolina; accepted for processing, it will also be Vice President) 701 East Byrd Street, First Union Mortgage Corporation, available for inspection at the offices of Richmond, Virginia 23261: Charlotte, North Carolina, and General the Board of Governors. Interested 1. Carolina Community Bancshares, Financial Life Insurance Company, persons may express their views in Inc., Latta, South Carolina; to become a Charlotte, North Carolina. writing to the Reserve Bank indicated bank holding company by acquiring 100 Applicant is not applying to, and will for the notice or to the offices of the percent of the voting shares of not, acquire control of First Union. Board of Governors. Comments must be SouthTrust Bank of Dillon County, Applicant will provide commitments to received not later than September 7, Latta, South Carolina. the Board to ensure that Applicant will 1995. not exercise control over First Union. A. Federal Reserve Bank of Dallas Board of Governors of the Federal Reserve System, August 18, 1995. Applicant’s acquisition of voting shares (Genie D. Short, Vice President) 2200 of First Union are in consideration for North Pearl Street, Dallas, Texas 75201– Jennifer J. Johnson, Applicant’s ownership interest in First 2272: Deputy Secretary of the Board. Fidelity Bancorporation, Newark, New 1. Andrew Rayford Bounds, Jr. & Mary [FR Doc. 95–20998 Filed 8–23–95; 8:45 am] Jersey, and Philadelphia, Pennsylvania Lou Bounds, Cleveland, Texas; to jointly BILLING CODE 6210±01±F