95-12350. 401(k)Plan and ESOP of United States Trust Company of New York; Change in Bank Control Notice

[Federal Register Volume 60, Number 97 (Friday, May 19, 1995)]
[Notices]
[Page 26886]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-12350]




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FEDERAL RESERVE SYSTEM

401(k)Plan and ESOP of United States Trust Company of New York; 
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 
June 2, 1995.

    A. Federal Reserve Bank of New York (William L. Rutledge, Senior 
Vice President) 33 Liberty Street, New York, New York 10045:

    1. 401(k)Plan and ESOP of United States Trust Company of New York, 
New York, New York; to acquire 24.9 percent of the voting shares of New 
USTC Holdings Corporation, New York, New York, and thereby indirectly 
acquire New U.S. Trust Company of New York, New York, New York; U.S. 
Trust Company of California, Los Angeles, California; U.S. Trust 
Company of Texas, Dallas, Texas; and U.S. Trust Company of Florida 
Savings Bank, Palm Beach, Florida.

    Board of Governors of the Federal Reserve System, May 15, 1995.

Jennifer J. Johnson,

Deputy Secretary of the Board.

[FR Doc. 95-12350 Filed 5-18-95; 8:45 am]

BILLING CODE 6210-01-F