[Federal Register Volume 60, Number 171 (Tuesday, September 5, 1995)]
[Notices]
[Page 46125]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-21894]
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FEDERAL RESERVE SYSTEM
Crestar Financial Corporation, 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 18, 1995.
A. Federal Reserve Bank of Richmond (Lloyd W. Bostian, Jr., Senior
Vice President) 701 East Byrd Street, Richmond, Virginia 23261:
1. Crestar Financial Corporation, Richmond, Virginia; to merge with
Loyola Capital Corporation, Baltimore, Maryland, and thereby indirectly
acquire Loyola Federal Savings Bank, Baltimore, Maryland, and thereby
engage in mortgage origination, mortgage servicing, real estate
appraisal, investment counseling and securities brokerage services,
insurance brokerage services, and the traditional activities of a
federal savings bank, pursuant to Secs. 225.25(b)(1), (b)(13), (b)(4),
(b)(15), (b)(8)(vii), and (b)(9) of the Board's Regulation Y.
B. Federal Reserve Bank of Chicago (James A. Bluemle, Vice
President) 230 South LaSalle Street, Chicago, Illinois 60690:
1. Carroll County Bancshares, Inc., Carroll, Iowa; to acquire
Carroll Credit, Inc., Carroll, Iowa, and thereby engage in owning and
operating a finance company, pursuant to Sec. 225.25(b)(1)(i) of the
Board's Regulation Y.
C. Federal Reserve Bank of Kansas City (John E. Yorke, Senior Vice
President) 925 Grand Avenue, Kansas City, Missouri 64198:
1. Castle Rock Bank Holding Company, Castle Rock, Colorado; to
acquire Colorado Imaging Company, Inc., Castle Rock, Colorado, and
thereby engage in data processing activities, pursuant to Sec.
225.25(b)(7) of the Board's Regulation Y.
Board of Governors of the Federal Reserve System, August 29,
1995.
William W. Wiles,
Secretary of the Board.
[FR Doc. 95-21894 Filed 9-1-95; 8:45 am]
BILLING CODE 6210-01-F
