[Federal Register Volume 60, Number 153 (Wednesday, August 9, 1995)]
[Notices]
[Page 40585]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-19668]
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FEDERAL RESERVE SYSTEM
BOK Financial Corporation; Acquisition of Company Engaged in
Permissible Nonbanking Activities
The organization listed in this notice has 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.
The 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.
Comments regarding the application must be received at the Reserve
Bank indicated or the offices of the Board of Governors not later than
August 23, 1995.
A. Federal Reserve Bank of Kansas City (John E. Yorke, Senior Vice
President) 925 Grand Avenue, Kansas City, Missouri 64198:
1. BOK Financial Corporation, Tulsa, Oklahoma, to acquire 9.9
percent of Liberty Bancorp, Inc., Oklahoma City, Oklahoma, and thereby
acquire Liberty Trust Company, Oklahoma City, Oklahoma, and thereby
engage in: trust company activities, pursuant to Sec. 225.25(b)(3) of
the Board's Regulation Y; Mid-America Credit Life Assurance Co.,
Oklahoma City, Oklahoma, and Mid-America Insurance Agency, Oklahoma
City, Oklahoma; and thereby engage in underwriting credit-related,
life, accident, and health insurance sold in connection with credit
extensions made by subsidiaries of Liberty Bancorp, and acting as agent
for the sale of credit-related life, accident, and health insurance
sold in connection with credit extensions made by subsidiaries of
Liberty Bancorp, pursuant to Sec. 225.25(b)(8)(i) of the Board's
Regulation Y; and personal property leasing, pursuant to Sec.
225.25(b)(5)(i) of the Board's Regulation Y.
Board of Governors of the Federal Reserve System, August 3,
1995.
William W. Wiles,
Deputy Secretary of the Board.
[FR Doc. 95-19668 Filed 8-8-95; 8:45 am]
BILLING CODE 6210-01-F
