[Federal Register Volume 61, Number 42 (Friday, March 1, 1996)]
[Notices]
[Page 8065]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-4770]
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FEDERAL RESERVE SYSTEM
Formations of, Acquisitions by, and Mergers of Bank Holding
Companies
The companies listed in this notice have applied to the Board for
approval, pursuant to the Bank Holding Company Act of 1956 (12 U.S.C.
Sec. 1841 et seq.) (BHC Act), Regulation Y (12 CFR Part 225), and all
other applicable statutes and regulations to become a bank holding
company and/or to acquire the assets or the ownership of, control of,
or the power to vote shares of a bank or bank holding company and all
of the banks and nonbanking companies owned by the bank holding
company, including the companies listed below.
The applications listed below, as well as other related filings
required by the Board, are 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 standards enumerated in the BHC Act (12 U.S.C. Sec.
1842(c)). If the proposal also involves the acquisition of a nonbanking
company, the review also includes whether the acquisition of the
nonbanking company complies with the standards in section 4 of the BHC
Act, including whether the acquisition of the nonbanking company 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'' (12 U.S.C. Sec. 1843). Any request for
a hearing 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, nonbanking activities will be conducted throughout the
United States.
Unless otherwise noted, comments regarding each of these
applications must be received at the Reserve Bank indicated or the
offices of the Board of Governors not later than March 25, 1996.
A. Federal Reserve Bank of St. Louis (Randall C. Sumner, Vice
President) 411 Locust Street, St. Louis, Missouri 63166:
1. Crawford Financial Corporation, Indianapolis, Indiana; to become
a bank holding company by acquiring 71.38 percent of the voting shares
of Marengo State Bank, Marengo, Indiana.
B. Federal Reserve Bank of Kansas City (John E. Yorke, Senior Vice
President) 925 Grand Avenue, Kansas City, Missouri 64198:
1. The Stuart Family Partnership, Lincoln, Nebraska; The Catherine
Stuart Schmoker Family Partnership, Lincoln, Nebraska; The James
Stuart, Jr. Family Partnership, Lincoln, Nebraska; The Scott Stuart
Family Partnership, Lincoln, Nebraska; First Commerce Bancshares, Inc.,
Lincoln, Nebraska, and National Bank of Commerce Trust and Savings
Association, Lincoln, Nebraska, as trustees, to control 5.2 percent of
the voting shares of First State Bank, Randolph, Nebraska and 14.1
percent of the voting shares of Bank of Bertrand, Bertrand, Nebraska.
C. Federal Reserve Bank of Dallas (Genie D. Short, Vice President)
2200 North Pearl Street, Dallas, Texas 75201-2272:
1. Outsource Capital Group, Inc., Lubbock, Texas; to become a bank
holding company by acquiring 100 percent of the voting shares of
Outsource Delaware Capital Group, Inc., Dover, Delaware, and thereby
indirectly acquire First Bank & Trust Co. White Deer, Texas
In addition with this application, Outsource Delaware Capital
Group, Inc., Dover, Delaware, also has applied to become a bank holding
company by acquiring at least 88.4 percent of the voting shares of
First Bank & Trust Co., White Deer, Texas.
In connection with this application, Outsource Capital Group, Inc.,
Lubbock, Texas, has also applied to engage in through its subsidiary,
Outsource Capital Group, Inc., d/b/a Outsource Lease, Lubbock, Texas,
in leasing activities, pursuant to Sec. 225.25(b)(5) of the Board's
Regulation Y.
Board of Governors of the Federal Reserve System, February 26,
1996.
Jennifer J. Johnson,
Deputy Secretary of the Board.
[FR Doc. 96-4770 Filed 2-29-96; 8:45 am]
BILLING CODE 6210-01-F
