GBT BANCORP
15-15D, 1998-08-10
STATE COMMERCIAL BANKS
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                     SECURITIES AND EXCHANGE COMMISSION
                            Washington D.C. 20549

                                   FORM 15

Certification and Notice of Termination of Registration under Section 12(g) 
of the Securities Exchange Act of 1934 or Suspension of Duty to File reports 
Under Sections 13 and 15(d) of the Securities Exchange act of 1934.

                                        Commission File Number    333-48641


                                 GBT Bancorp
           (Exact name of registrant as specified in its charter)

           2 Harbor Loop, Gloucester, MA 01930-0030 (978) 281-6270
   (Address, including zip code, and telephone number, including area code,
                of registrant's principal executive offices)

                         Common Stock, No Par Value
          (Title of each class of securities covered by this Form)

                                     None
         (Titles of all other classes of securities for which a duty
            to file reports under section 13(a) or 15(d) remains)

Please place an X in the box(es) to designate the appropriate rule 
provision(s) relied upon to terminate or suspend the duty to file reports:

      Rule 12g-4(a)(1)(i)     [   ]      Rule 12h-3(b)(1)(ii)     [ X ]*
      Rule 12g-4(a)(1)(ii)    [   ]      Rule 12h-3(b)(2)(i)      [   ]
      Rule 12g-4(a)(2)(i)     [   ]      Rule 12h-3(b)(2)(ii)     [   ]
      Rule 12g-4(a)(2)(ii)    [   ]      Rule 15d-6               [   ]
      Rule 12h-3(b)(1)(i)     [ X ]*

Appropriate number of holders of record as of the certification or notice 
date:    303

Pursuant to the requirements of the Securities Exchange Act of 1934, GBT 
Bancorp has caused this certification/notice to be signed on its behalf by 
the undersigned duly authorized person.

DATE:  July 27, 1998                   BY:  /s/ David L. Marsh
                                            David L. Marsh, President

Instruction:  This form is required by Rules 12g-4, 12h-3 and 15d-6 of the 
General Rules and Regulations under the Securities Exchange Act of 1934.  
The registrant shall file with the Commission three copies of Form 15, one 
of which shall be manually signed.  It may be signed by an officer of the 
registrant, by counsel or by any other duly authorized person.  The name and 
title of the person signing the form shall be typed or printed under the 
signature.

*   Reorganization of a non-reporting issuer into a one subsidiary holding 
    company.



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