E7-20028. Notice of Proposals to Engage in Permissible Nonbanking Activities or to Acquire Companies that are Engaged in Permissible Nonbanking Activities  

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    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 Start Printed Page 57945that is listed in § 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 November 5, 2007.

    A. Federal Reserve Bank of Chicago (Burl Thornton, Assistant Vice President) 230 South LaSalle Street, Chicago, Illinois 60690-1414:

    1. Capitol Bancorp Ltd., Lansing, Michigan, and Capitol Development Bancorp Ltd. VI, Lansing, Michigan, to acquire 51 percent of the voting shares of Brookhollow Bank (in organization), Irving, Texas; and Bank of Fort Bend (in organization), Sugar Land, Texas, and engage in operating savings associations, pursuant to section 225.28(b)(4)(ii) of Regulation

    2. Partnership Community Bancshares, Inc., Tomac, Wisconsin, to engage de novo in extending credit activities, pursuant to section 225.28(b)(1) of Regulation Y. Comment on this application must be received by October 26, 2007.

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    Board of Governors of the Federal Reserve System, October 5, 2007.

    Robert deV. Frierson,

    Deputy Secretary of the Board.

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    [FR Doc.E7-20028 Filed 10-10-07; 8:45 am]

    BILLING CODE 6210-01-S

Document Information

Comments Received:
0 Comments
Published:
10/11/2007
Department:
Federal Reserve System
Entry Type:
Notice
Document Number:
E7-20028
Pages:
57944-57945 (2 pages)
PDF File:
e7-20028.pdf