[Federal Register Volume 64, Number 157 (Monday, August 16, 1999)]
[Notices]
[Page 44526]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-21085]
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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 August 30, 1999.
A. Federal Reserve Bank of Cleveland (Paul Kaboth, Banking
Supervisor) 1455 East Sixth Street, Cleveland, Ohio 44101-2566:
1. Fifth Third Bancorp, Cincinnati, Ohio; to acquire Bradford
Pointe of Evansville, L.P., Evansville, Indiana, and thereby indirectly
acquire Bradford Pointe of Evansville, II, L.P., Evansville, Indiana;
House Investments Prestwick Columbus II, L.P., Indianapolis, Indiana;
Housing Partners, Inc., The Armory L.P., Columbus, Indiana; Housing
Credit Partners I, Ltd., Evans/Bajandas Project, Evansville, Indiana;
Pedcor Investments 1987-I, L.P., Indianapolis, Indiana; Shelbyville
High Apartments, L.P., Evansville, Indiana, and thereby engage in
permissible community development activities, pursuant to Sec.
225.28(b)(12) of Regulation Y; IndFed Mortgage Company, Valapariso,
Indiana, and thereby engage in permissible community development
activities and related financial and investment advisory activities,
pursuant to Sec. 225.28(b)(12) of Regulation Y; Pinnacle Financial
Consultants, Inc., Valapariso, Indiana, and thereby engage in
permissible financial and investment advisory services, pursuant to
Sec. 225.28(b)(6) of Regulation Y, and in permissible agency
transactional services for customer accounts, pursuant to Sec.
225.28(b)(7) of Regulation Y; and Citizens Life Assurance Company,
Phoenix, Arizona, and thereby engage in permissible credit reinsurance
activities, pursuant to Sec. 225.28(b)(11)(i) of Regulation Y.
B. Federal Reserve Bank of Dallas (W. Arthur Tribble, Vice
President) 2200 North Pearl Street, Dallas, Texas 75201-2272:
1. National Bancshares Corporation of Texas, San Antonio, Texas; to
engage de novo through its subsidiary, NBC Financial, Inc., San
Antonio, Texas, in securities brokerage activities and other
transactional services, pursuant to Sec. 225.28(b)(7) of Regulation Y;
and in underwriting and dealing in government obligations and money
market instruments, pursuant to Sec. 225.28(b)(8)(i) of Regulation Y.
Board of Governors of the Federal Reserve System, August 10,
1999.
Robert deV. Frierson,
Associate Secretary of the Board.
[FR Doc. 99-21085 Filed 8-13-99; 8:45 am]
BILLING CODE 6210-01-F
