95-1943. Lakeview Financial Corporation, et al.; Notice of Applications to Engage de novo in Permissible Nonbanking Activities  

  • [Federal Register Volume 60, Number 17 (Thursday, January 26, 1995)]
    [Notices]
    [Page 5179]
    From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
    [FR Doc No: 95-1943]
    
    
    
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    FEDERAL RESERVE SYSTEM
    
    Lakeview Financial Corporation, et al.; Notice of Applications to 
    Engage de novo in Permissible Nonbanking Activities
    
        The companies listed in this notice have filed an application under 
    Sec. 225.23(a)(1) of the Board's Regulation Y (12 CFR 225.23(a)(1)) for 
    the Board's approval under section 4(c)(8) of the Bank Holding Company 
    Act (12 U.S.C. 1843(c)(8)) and Sec.  225.21(a) of Regulation Y (12 CFR 
    225.21(a)) to commence or to engage de novo, either directly or through 
    a subsidiary, in a nonbanking activity that is listed in Sec.  225.25 
    of Regulation Y as closely related to banking and permissible for bank 
    holding companies. Unless otherwise noted, such activities will be 
    conducted throughout the United States.
        Each application is available for immediate inspection at the 
    Federal Reserve Bank indicated. Once the application has been accepted 
    for processing, it will also be available for inspection at the offices 
    of the Board of Governors. Interested persons may express their views 
    in writing on the question whether consummation of the proposal can 
    ``reasonably be expected to produce benefits to the public, such as 
    greater convenience, increased competition, or gains in efficiency, 
    that outweigh possible adverse effects, such as undue concentration of 
    resources, decreased or unfair competition, conflicts of interests, or 
    unsound banking practices.'' Any request for a hearing on this question 
    must be accompanied by a statement of the reasons a written 
    presentation would not suffice in lieu of a hearing, identifying 
    specifically any questions of fact that are in dispute, summarizing the 
    evidence that would be presented at a hearing, and indicating how the 
    party commenting would be aggrieved by approval of the proposal.
        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 February 9, 1995.
        A. Federal Reserve Bank of Chicago (James A. Bluemle, Vice 
    President) 230 South LaSalle Street, Chicago, Illinois 60690:
        1. Lakeview Financial Corporation, Lakeview, Michigan; to engage de 
    novo through its subsidiary Lakeview Mortgage Corporation, Lansing, 
    Michigan, in making and servicing loans, pursuant to Sec.  225.25(b)(1) 
    of the Board's Regulation Y.
        B. Federal Reserve Bank of Dallas (Genie D. Short, Vice President) 
    2200 North Pearl Street, Dallas, Texas 75201-2272:
        1. Central Louisiana Capital Corporation, Vidalia, Louisiana; to 
    engage de novo through its subsidiary Community Credit Centers, Inc., 
    Lake Providence, Louisiana, in making, acquiring, or servicing loans 
    for itself or for others; engaging in loan marketing and advisory 
    services; issuing and selling of money orders and similar consumer 
    payment instruments with a face value not more than $1,000, pursuant to 
    Secs.  225.25(b)(1)(i) and 225.25(b)(12) of the Board's Regulation Y.
    
        Board of Governors of the Federal Reserve System, January 20, 
    1995.
    Jennifer J. Johnson,
    Deputy Secretary of the Board.
    [FR Doc. 95-1943 Filed 1-25-95; 8:45 am]
    BILLING CODE 6210-01-F
    
    

Document Information

Published:
01/26/1995
Department:
Federal Reserve System
Entry Type:
Notice
Document Number:
95-1943
Pages:
5179-5179 (1 pages)
PDF File:
95-1943.pdf