[Federal Register Volume 64, Number 153 (Tuesday, August 10, 1999)]
[Notices]
[Pages 43385-43386]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-20492]
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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.
[[Page 43386]]
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 August 24, 1999.
A. Federal Reserve Bank of St. Louis (Randall C. Sumner, Vice
President) 411 Locust Street, St. Louis, Missouri 63102-2034:
1. First M&F Corporation, Kosciusko, Mississippi; to acquire
Community Federal Bancorp, Inc., Tupelo, Mississippi, and its
subsidiary, Community Federal Savings Bank, Tupelo, Mississippi, and
thereby engage in operating a savings association, pursuant to Sec.
225.28(b)(4) of Regulation Y. Comments regarding this application must
be received no later than September 3, 1999.
B. Federal Reserve Bank of Minneapolis (JoAnne F. Lewellen,
Assistant Vice President) 90 Hennepin Avenue, P.O. Box 291,
Minneapolis, Minnesota 55480-0291:
1. Community First Bankshares, Inc., Fargo, North Dakota; to
acquire Community Insurance, Fargo, North Dakota, and thereby
indirectly acquire B & I Insurance, Inc., Gordon, Nebraska, and thereby
engage in general insurance activities in a community with a population
not exceeding 5,000, pursuant to Sec. 225.28(b)(11)(iii) of Regulation
Y.
Board of Governors of the Federal Reserve System, August 4,
1999.
Robert deV. Frierson,
Associate Secretary of the Board.
[FR Doc. 99-20492 Filed 8-9-99; 8:45 am]
BILLING CODE 6210-01-F
