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62 FR (06/30/1997) » 97-17027. Notice of Proposals to Engage in Permissible Nonbanking Activities or to Acquire Companies that are Engaged in Permissible Nonbanking Activities
97-17027. Notice of Proposals to Engage in Permissible Nonbanking Activities or to Acquire Companies that are Engaged in Permissible Nonbanking Activities
[Federal Register Volume 62, Number 125 (Monday, June 30, 1997)]
[Notices]
[Page 35178]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-17027]
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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 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 25, 1997.
A. Federal Reserve Bank of Atlanta (Lois Berthaume, Vice President)
104 Marietta Street, N.W., Atlanta, Georgia 30303-2713:
1. Pioneer Bancshares, Inc., Chattanooga, Tennessee; to engage de
novo through its subsidiary, Pioneer Bank, F.S.B., Chattanooga,
Tennessee, in operating a savings association, pursuant to Sec.
225.28(b)(4) of the Board's Regulation Y. The proposed activity will be
conducted throughout Georgia and Tennessee.
Board of Governors of the Federal Reserve System, June 25, 1997.
Jennifer J. Johnson,
Deputy Secretary of the Board.
[FR Doc. 97-17027 Filed 6-27-97; 8:45 am]
BILLING CODE 6210-01-F
Document Information
- Published:
- 06/30/1997
- Department:
- Federal Reserve System
- Entry Type:
- Notice
- Document Number:
- 97-17027
- Pages:
- 35178-35178 (1 pages)
- PDF File:
-
97-17027.pdf