96-11719. MTB Bank; De Novo Corporation to do Business Under Section 25A of the Federal Reserve Act

[Federal Register Volume 61, Number 92 (Friday, May 10, 1996)]
[Notices]
[Page 21469]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-11719]



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FEDERAL RESERVE SYSTEM

MTB Bank; De Novo Corporation to do Business Under Section 25A of 
the Federal Reserve Act

    An application has been submitted for the Board's approval of the 
organization of a corporation to do business under Section 25A of the 
Federal Reserve Act (Edge Corporation) 12 U.S.C. Sec.  611 et seq. The 
Edge Corporation will operate as a subsidiary of the applicant, MTB 
Bank, New York, New York. The factors that are to be considered in 
acting on the application are set forth in the Board's Regulation K (12 
CFR 211.4).
    The application may be inspected at the Federal Reserve Bank of New 
York or at 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, identify 
specifically any questions of fact that are in dispute, and summarize 
the evidence that would be presented at a hearing.
    Comments regarding the application must be received by the Reserve 
Bank indicated or at the offices of the Board of Governors no later 
than June 7, 1996.
    A. Federal Reserve Bank of New York (Christopher J. McCurdy, Senior 
Vice President) 33 Liberty Street, New York, New York 10045:
    1. MTB Bank, New York, New York; to establish MTB International 
Investment Corporation, New York, New York, a de novo Edge Corporation 
pursuant to Section 25A of the Federal Reserve Act.

    Board of Governors of the Federal Reserve System, May 6, 1996.
Jennifer J. Johnson,
Deputy Secretary of the Board.
[FR Doc. 96-11719 Filed 5-9-96; 8:45 am]
BILLING CODE 6210-01-F