[Federal Register Volume 63, Number 131 (Thursday, July 9, 1998)] [Notices] [Page 37117] From the Federal Register Online via the Government Publishing Office [www.gpo.gov] [FR Doc No: 98-18281] ----------------------------------------------------------------------- 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. 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 July 24, 1998. A. Federal Reserve Bank of Chicago (Philip Jackson, Applications Officer) 230 South LaSalle Street, Chicago, Illinois 60690-1413: 1. Northern Trust Corporation, Chicago, Illinois; to engage de novo through its subsidiary, Northern Trust Bank, Federal Savings Bank, Bloomfield Hills, Michigan (in organization), and thereby engage in the operation of a savings association, pursuant to Sec. 225.28(b)(4)(ii) of Regulation Y. Board of Governors of the Federal Reserve System, July 6, 1998. Robert deV. Frierson, Associate Secretary of the Board. [FR Doc. 98-18281 Filed 7-8-98; 8:45 am] BILLING CODE 6210-01-F