[Federal Register Volume 64, Number 118 (Monday, June 21, 1999)]
[Notices]
[Pages 33081-33082]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-15694]
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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 July 6, 1999.
A. Federal Reserve Bank of New York (Betsy Buttrill White, Senior
Vice President) 33 Liberty Street, New York, New York 10045-0001:
1. The Fuji Bank, Limited, Tokyo, Japan; to acquire through its
subsidiary, Heller Financial Inc., Chicago, Illinois, up to 100 percent
of the voting shares of HealthCare Financial Partners, Inc., Chevy
Chase, Maryland, and thereby engage in extending credit and servicing
[[Page 33082]]
loans, pursuant to Sec. 225.28(b)(1) of Regulation Y, and activities
related to extending credit, pursuant to Sec. 225.28(b)(2) of
Regulation Y.
B. Federal Reserve Bank of St. Louis (Randall C. Sumner, Vice
President) 411 Locust Street, St. Louis, Missouri 63102-2034:
1. Arvest Bank Group, Inc., Bentonville, Arkansas, and its wholly
owned subsidiary, Ameribank Corporation, Shawnee, Oklahoma, and its
wholly owned subsidiary, United Oklahoma Bancshares, Inc., Del City,
Oklahoma; to convert its existing state-chartered bank subsidiary,
United Bank, Oklahoma City, Oklahoma, into a savings association and
thereby engage in the operation of a savings association, pursuant to
Sec. 225.28(b)(4)(ii) of Regulation Y. Comments regarding this
application must be received at the Reserve Bank indicated or the
offices of the Board of Governors not later than July 16, 1999.
C. Federal Reserve Bank of Minneapolis (JoAnne F. Lewellen,
Assistant Vice President) 90 Hennepin Avenue, P.O. Box 291,
Minneapolis, Minnesota 55480-0291:
1. Farmers State Corporation, Mankato, Minnesota; to acquire
Southwest State Agency, Springfield, Minnesota, and thereby engage in
general insurance agency activities in a place with a population not
exceeding 5,000, pursuant to Sec. 225.28(b)(11)(iii) of Regulation Y.
The proposed activity will be conducted under the name United Prairie
Agency, Springfield, Minnesota.
Board of Governors of the Federal Reserve System, June 15, 1999.
Robert deV. Frierson,
Associate Secretary of the Board.
[FR Doc. 99-15694 Filed 6-18-99; 8:45 am]
BILLING CODE 6210-01-F
