[Federal Register Volume 64, Number 155 (Thursday, August 12, 1999)]
[Notices]
[Page 44018]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-20817]
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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 September 7, 1999.
A. Federal Reserve Bank of Chicago (Philip Jackson, Applications
Officer) 230 South LaSalle Street, Chicago, Illinois 60690-1413:
1. First Busey Corporation, Urbana, Illinois; to acquire Eagle
BancGroup, Inc., Bloomington, Illinois, and thereby indirectly acquire
First Federal Savings and Loan of Bloomington, Bloomington, Illinois,
and FFS Investment Services, Bloomington, Illinois, and thereby engage
in operating a savings association, pursuant to Sec. 225.25(b)(4)(ii)
of Regulation Y; providing securities brokerage services with respect
to all types of securities, both alone and in combination with
investment advisory services, including securities clearing and/or
securities execution services on an exchange and incidental activities
such as securities credit activities and custodial services, pursuant
to Sec. 225.25(b)(7)(i) of Regulation Y.
Board of Governors of the Federal Reserve System, August 6,
1999.
Robert deV. Frierson,
Associate Secretary of the Board.
[FR Doc. 99-20817 Filed 8-11-99; 8:45 am]
BILLING CODE 6210-01-F
