[Federal Register Volume 61, Number 31 (Wednesday, February 14, 1996)]
[Notices]
[Pages 5774-5775]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-3226]
-----------------------------------------------------------------------
FEDERAL RESERVE SYSTEM
Capital Corp of the West; Acquisition of Company Engaged in
Permissible Nonbanking Activities
The organization listed in this notice has given notice under Sec.
225.23(a)(2) or (e) of the Board's Regulation Y (12 CFR 225.23(a)(2) or
(e)) 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 acquire or control voting securities or assets of
a company engaged 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.
The notice is available for immediate inspection at the Federal
Reserve Bank indicated. Once the notice 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
[[Page 5775]]
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.
Comments regarding this application must be received not later than
February 28, 1996.
A. Federal Reserve Bank of San Francisco (Kenneth R. Binning,
Director, Bank Holding Company) 101 Market Street, San Francisco,
California 94105:
1. Capital Corp of the West, Merced, California; to engage in
furnishing general economic information and advice, general economic
statistical forecasting services and industry studies, pursuant to
Sec. 225.25 (b)(4)(iv) of the Board's Regulation Y; and in providing
advice, including rendering fairness opinions and providing valuation
services, in connection with mergers, acquisitions, divestitures, joint
ventures, leveraged buyouts, recapitalizations, capital structurings,
and financing transactions (including private and public financing and
loan syndications); and conducting financial feasibility studies,
pursuant to Sec. 225.25 (b)(4)(vi) of the Board's Regulation Y. The
geographic scope for these activities will be limited to Arizona,
California, Oregon and Nevada.
Board of Governors of the Federal Reserve System, February 8,
1996.
Jennifer J. Johnson,
Deputy Secretary of the Board.
[FR Doc. 96-3226 Filed 2-13-96; 8:45 am]
BILLING CODE 6210-01-F
