95-20911. Central Illinois Bancorp, Inc., et al.; Acquisitions of Companies Engaged in Permissible Nonbanking Activities  

  • [Federal Register Volume 60, Number 163 (Wednesday, August 23, 1995)]
    [Notices]
    [Page 43798]
    From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
    [FR Doc No: 95-20911]
    
    
    
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    FEDERAL RESERVE SYSTEM
    
    
     Central Illinois Bancorp, Inc., et al.; Acquisitions of 
    Companies Engaged in Permissible Nonbanking Activities
    
        The organizations listed in this notice have applied under Sec.  
    225.23(a)(2) or (f) of the Board's Regulation Y (12 CFR 225.23(a)(2) or 
    (f)) for the Board's approval under section 4(c)(8) of the Bank Holding 
    Company Act (12 U.S.C. 1843(c)(8)) and Sec.  225.21(a) of Regulation Y 
    (12 CFR 225.21(a)) to acquire or control voting securities or assets of 
    a company engaged in a nonbanking activity that is listed in Sec.  
    225.25 of Regulation Y as closely related to banking and permissible 
    for bank holding companies. Unless otherwise noted, such activities 
    will be conducted throughout the United States.
        Each application is available for immediate inspection at the 
    Federal Reserve Bank indicated. Once the application has been accepted 
    for processing, it will also be available for inspection at the offices 
    of the Board of Governors. Interested persons may express their views 
    in writing on the question whether consummation of the proposal can 
    ``reasonably be expected to produce benefits to the public, such as 
    greater convenience, increased competition, or gains in efficiency, 
    that outweigh possible adverse effects, such as undue concentration of 
    resources, decreased or unfair competition, conflicts of interests, or 
    unsound banking practices.'' Any request for a hearing on this question 
    must be accompanied by a statement of the reasons a written 
    presentation would not suffice in lieu of a hearing, identifying 
    specifically any questions of fact that are in dispute, summarizing the 
    evidence that would be presented at a hearing, and indicating how the 
    party commenting would be aggrieved by approval of the proposal.
        Unless otherwise noted, comments regarding each of these 
    applications must be received at the Reserve Bank indicated for the 
    application or the offices of the Board of Governors not later than 
    September 6, 1995.
        A. Federal Reserve Bank of Chicago (James A. Bluemle, Vice 
    President) 230 South LaSalle Street, Chicago, Illinois 60690:
        1. Central Illinois Bancorp, Inc., Sidney, Illinois; to acquire 
    Mortgage Services of Illinois, Inc., Bloomington, Illinois, and thereby 
    engage in making, selling, and servicing mortgage loans pursuant to 
    Sec.  225.25(b)(1) of the Board's Regulation Y.
        B. Federal Reserve Bank of Dallas (Genie D. Short, Vice President) 
    2200 North Pearl Street, Dallas, Texas 75201-2272:
        1. Southeast Bancorp of Texas, Inc., Winnie, Texas; to acquire 
    Bonnet Financial Services, Inc., Winnie, Texas, and thereby engage in 
    making and servicing loans pursuant to Sec.  225.25(b)(1) of the 
    Board's Regulation Y.
    
        Board of Governors of the Federal Reserve System, August 17, 
    1995.
    Jennifer J. Johnson,
    Deputy Secretary of the Board.
    [FR Doc. 95-20911 Filed 8-22-95; 8:45 am]
    BILLING CODE 6210-01-F
    
    

Document Information

Published:
08/23/1995
Department:
Federal Reserve System
Entry Type:
Notice
Document Number:
95-20911
Pages:
43798-43798 (1 pages)
PDF File:
95-20911.pdf