95-24570. Shen Financial Fund I, L.P., et al.; Change in Bank Control Notices; Acquisitions of Shares of Banks or Bank Holding Companies

[Federal Register Volume 60, Number 191 (Tuesday, October 3, 1995)]
[Notices]
[Page 51800]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-24570]



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FEDERAL RESERVE SYSTEM

Shen Financial Fund I, L.P., et al.; Change in Bank Control 
Notices; Acquisitions of Shares of Banks or Bank Holding Companies

    The notificants listed below have applied under the Change in Bank 
Control Act (12 U.S.C. 1817(j)) and Sec.  225.41 of the Board's 
Regulation Y (12 CFR 225.41) to acquire a bank or bank holding company. 
The factors that are considered in acting on the notices are set forth 
in paragraph 7 of the Act (12 U.S.C. 1817(j)(7)).
    The notices are available for immediate inspection at the Federal 
Reserve Bank indicated. Once the notices have been accepted for 
processing, they will also be available for inspection at the offices 
of the Board of Governors. Interested persons may express their views 
in writing to the Reserve Bank indicated for that notice or to the 
offices of the Board of Governors. Comments must be received not later 
than October 17, 1995.
    A. Federal Reserve Bank of Philadelphia (Michael E. Collins, Senior 
Vice President) 100 North 6th Street, Philadelphia, Pennsylvania 19105:
    1. Shen Financial Fund I, L.P., and Zeev Shenkman, both of Bala 
Cynwyd, Pennsylvania; each to acquire a total of 16.31 percent, of the 
voting shares of Execufirst Bancorp, Inc., Philadelphia, Pennsylvania, 
and thereby indirectly acquire First Executive Bank, Philadelphia, 
Pennsylvania.

    Board of Governors of the Federal Reserve System, September 27, 
1995.
Jennifer J. Johnson,
Deputy Secretary of the Board.
[FR Doc. 95-24570 Filed 10-2-95; 8:45 am]
BILLING CODE 6210-01-F