01-8705. Formations of, Acquisitions by, and Mergers of Bank Holding Companies  

  • Start Preamble

    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. 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. The application also will 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. 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 (12 U.S.C. 1843). Unless otherwise noted, nonbanking activities will be conducted throughout the United States. Start Printed Page 18635 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 each of these applications must be received at the Reserve Bank indicated or the offices of the Board of Governors not later than May 4, 2001.

    A. Federal Reserve Bank of Chicago (Phillip Jackson, Applications Officer) 230 South LaSalle Street, Chicago, Illinois 60690-1414:

    1. First Indiana Corporation, Indianapolis, Indiana; to become a bank holding company by acquiring 100 percent of the voting shares of First Indiana Bank, National Association, Indianapolis, Indiana (in organization).

    In connection with this application, Applicant also has applied to acquire Somerset Financial Services, LLC, Indianapolis, Indiana, and thereby engage in financial and investment advisory activities, pursuant to § 225.28 (b)(6) of Regulation Y; management consulting and counseling activities, pursuant to § 225.28 (b)(9) of Regulation Y; real estate and personal property appraising, pursuant to § 225.28 (b)(2)(i); data processing activities, pursuant to § 225.28 (b)(14) of Regulation Y; and to acquire First Indiana Bank, FSB, Indianapolis, Indiana, and thereby operate a savings association, pursuant to § 225.28 (b)(4)(ii) of Regulation Y.

    Start Signature

    Board of Governors of the Federal Reserve System, April 4, 2001.

    Robert deV. Frierson

    Associate Secretary of the Board.

    -----------
    End Signature End Preamble

    [FR Doc. 01-8705 Filed 4-9-01; 8:45 am]

    BILLING CODE 6210-01-S

Document Information

Published:
04/10/2001
Department:
Federal Reserve System
Entry Type:
Notice
Document Number:
01-8705
Pages:
18634-18635 (2 pages)
PDF File:
01-8705.pdf