[Federal Register Volume 64, Number 89 (Monday, May 10, 1999)]
[Notices]
[Page 25042]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-11589]
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FEDERAL RESERVE SYSTEM
Notice of Proposals to Engage in Permissible Nonbanking
Activities or to Acquire Companies that are Engaged in Permissible
Nonbanking Activities
The companies listed in this notice have given notice under section
4 of the Bank Holding Company Act (12 U.S.C. 1843) (BHC Act) and
Regulation Y, (12 CFR Part 225) to engage de novo, or to acquire or
control voting securities or assets of a company, including the
companies listed below, that engages either directly or through a
subsidiary or other company, in a nonbanking activity that is listed in
Sec. 225.28 of Regulation Y (12 CFR 225.28) or that the Board has
determined by Order to be closely related to banking and permissible
for bank holding companies. Unless otherwise noted, these activities
will be conducted throughout the United States.
Each notice is available for inspection at the Federal Reserve Bank
indicated. The notice also will be available for inspection at the
offices of the Board of Governors. Interested persons may express their
views in writing on the question whether the proposal complies with the
standards of section 4 of the BHC Act.
Unless otherwise noted, comments regarding the applications must be
received at the Reserve Bank indicated or the offices of the Board of
Governors not later than May 24, 1999.
A. Federal Reserve Bank of Cleveland (Paul Kaboth, Banking
Supervisor) 1455 East Sixth Street, Cleveland, Ohio 44101-2566:
1. Sky Financial Group, Inc., Bowling Green, Ohio; to acquire Wood
Bancorp, Inc., Bowling Green, Ohio, and thereby indirectly acquire
First Federal Bank, FSB, Bowling Green, Ohio, and thereby engage in
permissible savings and loan activities, pursuant to Sec.
225.28(b)(4)(ii) of Regulation Y. Comments regarding this application
must be received by June 3, 1999.
B. Federal Reserve Bank of St. Louis (Randall C. Sumner, Vice
President) 411 Locust Street, St. Louis, Missouri 63102-2034:
1. Commonwealth Bancshares, Inc., Shelbyville, Kentucky; to engage
de novo through its subsidiary, First Security Trust Bank, F.S.B.
Florence, Kentucky (in organization), in operating a federal savings
bank, pursuant to Sec. 225.28(b)(4)(ii). Comments regarding this
application must be received by June 3, 1999.
Board of Governors of the Federal Reserve System, May 4, 1999.
Robert deV. Frierson,
Associate Secretary of the Board.
[FR Doc. 99-11589 Filed 5-7-99; 8:45 am]
BILLING CODE 6210-01-F
