[Federal Register Volume 65, Number 246 (Thursday, December 21, 2000)]
[Notices]
[Page 80431]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 00-32508]
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FEDERAL RESERVE SYSTEM
Notice of Proposals To Engage in Permissible Nonbanking
Activities or To Acquire Companies That Are Engaged in Permissible
Nonbanking Activities
The companies listed in this notice have given notice under section
4 of the Bank Holding Company Act (12 U.S.C. 1843) (BHC Act) and
Regulation Y, (12 CFR Part 225) to engage de novo, or to acquire or
control voting securities or assets of a company, including the
companies listed below, that engages either directly or through a
subsidiary or other company, in a nonbanking activity that is listed in
Sec. 225.28 of Regulation Y (12 CFR 225.28) or that the Board has
determined by Order to be closely related to banking and permissible
for bank holding companies. Unless otherwise noted, these activities
will be conducted throughout the United States.
Each notice is available for inspection at the Federal Reserve Bank
indicated. The notice also will be available for inspection at the
offices of the Board of Governors. Interested persons may express their
views in writing on the question whether the proposal complies with the
standards of section 4 of the BHC Act. 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 the applications must be
received at the Reserve Bank indicated or the offices of the Board of
Governors not later than January 5, 2001.
A. Federal Reserve Bank of Cleveland (Jeffrey Hirsch, Banking
Supervisor) 1455 East Sixth Street, Cleveland, Ohio 44101-2566:
1. United Bancshares, Inc., Columbus Grove, Ohio; to acquire
Citizens Bank of Delphos, Federal Savings Bank, Delphos, Ohio, and
engage in permissible savings association activities pursuant to
Sec. 225.28(b)(4) of Regulation Y. Comments on this application must be
received by January 16, 2001.
B. Federal Reserve Bank of Chicago (Philip Jackson, Applications
Officer) 230 South LaSalle Street, Chicago, Illinois 60690-1413:
1. Michigan National Corporation, Farmington Hills, Michigan; to
acquire Standard Federal Bancorporation, Inc., Troy, Michigan, and
thereby indirectly acquire Standard Federal Bank, Troy, Michigan, and
thereby engage in the nonbanking activity of operating a savings
association pursuant to Sec. 225.28(b)(4) of Regulation Y. Comments on
this application must be received by January 16, 2001.
C. Federal Reserve Bank of San Francisco (Pat Marshall, Manager of
Analytical Support, Consumer Regulation Group) 101 Market Street, San
Francisco, California 94105-1579:
1. City National Corporation, Beverly Hills, California; to acquire
Reed, Conner & Birdwell, Inc., Los Angeles, California, and thereby
engage in acting as investment and financial advisor pursuant to
Sec. 225.28(b)(6) of Regulation Y; and providing administrative
services to mutual funds. Lloyds TSB Group plc, 84 Federal Reserve
Bulletin 128 (1998).
Board of Governors of the Federal Reserve System, December 15,
2000.
Robert deV. Frierson,
Associate Secretary of the Board.
[FR Doc. 00-32508 Filed 12-20-00; 8:45 am]
BILLING CODE 6210-01-P