[Federal Register Volume 59, Number 70 (Tuesday, April 12, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-8702]
[[Page Unknown]]
[Federal Register: April 12, 1994]
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FEDERAL COMMUNICATIONS COMMISSION
FEDERAL RESERVE SYSTEM
Kaharudin Latief; Change in Bank Control Notice
Acquisition of Shares of Banks or Bank Holding Companies
The notificant listed below has 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 notices are set forth in
paragraph 7 of the Act (12 U.S.C. 1817(j)(7)).
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 to the Reserve Bank indicated for the notice or to the offices
of the Board of Governors. Comments must be received not later than May
2, 1994.
A. Federal Reserve Bank of San Francisco (Kenneth R. Binning,
Director, Bank Holding Company) 101 Market Street, San Francisco,
California 94105:
1. Kaharudin Latief, Jakarta, Indonesia; to acquire 33.3 percent of
the voting shares of Bank of San Francisco Company Holding Company, San
Francisco, California, and thereby acquire Bank of San Francisco, San
Francisco, California.
Board of Governors of the Federal Reserve System, April 6, 1994.
Jennifer J. Johnson,
Associate Secretary of the Board.
[FR Doc. 94-8700 Filed 4-11-94; 8:45 am]
BILLING CODE 6210-01-F
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FEDERAL COMMUNICATIONS COMMISSION
Norwest Corporation; Formation of, Acquisition by, or Merger of
Bank Holding Companies; and Acquisition of Nonbanking Company
The company listed in this notice has applied under Sec. 225.14 of
the Board's Regulation Y (12 CFR 225.14) for the Board's approval under
section 3 of the Bank Holding Company Act (12 U.S.C. 1842) to become a
bank holding company or to acquire voting securities of a bank or bank
holding company. The listed company has also applied under Sec.
225.23(a)(2) of Regulation Y (12 CFR 225.23(a)(2)) 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, or to engage in such an activity. Unless otherwise
noted, these activities will be conducted throughout the United States.
The application is 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 question whether consummation of the proposal 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.'' 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 the application must be received at the Reserve
Bank indicated or the offices of the Board of Governors not later than
May 6, 1994.
A. Federal Reserve Bank of Minneapolis (James M. Lyon, Vice
President) 250 Marquette Avenue, Minneapolis, Minnesota 55480:
1. Norwest Corporation, Minneapolis, Minnesota; to merge with
LaPorte Bancorp, Hammond, Indiana, and thereby indirectly acquire
LaPorte Bank and Trust Company, LaPorte, Indiana.
In connection with this application, Applicant has also applied to
acquire the discount brokerage business of LaPorte Bancorp, Hammond,
Indiana, and thereby engage in full-service brokerage, government
securities, and limited underwriting activities as authorized under Secs.
225.25(b)(15) and (b)(16) of the Board's Regulation Y and the Board
Order at 76 Federal Reserve Bulletin 79 (1990).
Board of Governors of the Federal Reserve System, April 6, 1994.
Jennifer J. Johnson,
Associate Secretary of the Board.
[FR Doc. 94-8701 Filed 4-11-94; 8:45 am]
BILLING CODE 6210-01-F
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FEDERAL COMMUNICATIONS COMMISSION
USBancorp, Inc., et al.; Formations of; Acquisitions by; and
Mergers of Bank Holding Companies
The companies listed in this notice have applied for the Board's
approval under section 3 of the Bank Holding Company Act (12 U.S.C.
1842) and Sec. 225.14 of the Board's Regulation Y (12 CFR 225.14) to
become a bank holding company or to acquire a bank or bank holding
company. The factors that are considered in acting on the applications
are set forth in section 3(c) of the Act (12 U.S.C. 1842(c)).
Each application is 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 to the Reserve Bank or to the offices of the Board of
Governors. Any comment on an application that requests a hearing must
include a statement of why a written presentation would not suffice in
lieu of a hearing, identifying specifically any questions of fact that
are in dispute and summarizing the evidence that would be presented at
a hearing.
Unless otherwise noted, comments regarding each of these
applications must be received not later than May 6, 1994.
A. Federal Reserve Bank of Philadelphia (Thomas K. Desch, Vice
President) 100 North 6th Street, Philadelphia, Pennsylvania 19105:
1. USBancorp, Inc., Johnstown, Pennsylvania; to acquire 100 percent
of the voting shares of Johnstown Savings Bank, Johnstown,
Pennsylvania.
B. Federal Reserve Bank of St. Louis (Randall C. Sumner, Vice
President) 411 Locust Street, St. Louis, Missouri 63166:
1. Central Shares, Inc., Lebanon, Missouri; to acquire at least
45.3 percent of the voting shares of Security Bancshares of Pulaski
County, St. Robert, Missouri, and thereby indirectly acquire Security
Bank of Pulaski County, St. Robert, Missouri.
2. Security Bancshares of Pulaski County, Inc., St. Robert,
Missouri, to become a bank holding company by acquiring 100 percent of
the voting shares of Security Bank of Pulaski County, Inc., St. Robert,
Missouri.
Board of Governors of the Federal Reserve System, April 6, 1994.
Jennifer J. Johnson,
Associate Secretary of the Board.
[FR Doc. 94-8702 Filed 4-11-94; 8:45 am]
BILLING CODE 6210-01-F