[Federal Register Volume 64, Number 171 (Friday, September 3, 1999)]
[Notices]
[Pages 48397-48398]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-22963]
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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; Correction
This notice corrects a notice (FR Doc. 99-19948) published on pages
42379-42380 of the issue for Wednesday, August 4, 1999.
Under the Federal Reserve Bank of San Francisco heading, the entry
for Umpqua Holdings Corporation, Roseburg, Oregon, is revised to read
as follows:
A. Federal Reserve Bank of San Francisco (Maria Villanueva, Manager
of Analytical Support, Consumer Regulation Group) 101 Market Street,
San Francisco, California 94105-1579:
1. Umpqua Holdings Corporation, Roseburg, Oregon; to acquire all
the voting shares of Strand, Atkinson, Williams and York, Inc.,
Portland, Oregon, and thereby engage, to a limited extent, in
underwriting and dealing in commercial paper, municipal revenue bonds,
mortgage-related securities, and consumer-receivable related
securities, see Citicorp, et al., 73 Fed. Res. Bull. 473 (1987);
managing, servicing, and collecting assets, pursuant to
Sec. 225.28(b)(2)(vi) of Regulation Y; performing functions or
activities that may be performed by a trust company, pursuant to
Sec. 225.28(b)(5) of Regulation Y; acting as investment or financial
advisor, pursuant to Sec. 225.28(b)(6) of Regulation Y; providing
securities brokerage, ``riskless principal,'' and private placement
services, pursuant to Sec. 225.28(b)(7)(i)-(iii); underwriting and
dealing in obligations of the United States, general obligations of
states and their political subdivisions, and other obligations that
state member banks of the Federal Reserve System may underwrite and
deal in under 12 U.S.C. 24 and 335, pursuant to Sec. 225.28(b)(8)(i) of
Regulation Y; and providing employee benefits consulting services,
[[Page 48398]]
pursuant to Sec. 225.28(b)(9)(ii) of Regulation Y.
Comments on this application must be received by September 17,
1999.
Board of Governors of the Federal Reserve System, August 30,
1999.
Robert deV. Frierson,
Associate Secretary of the Board.
[FR Doc. 99-22963 Filed 9-2-99; 8:45 am]
BILLING CODE 6210-01-F
