65082 Federal Register / Vol. 62, No. 237 / Wednesday, December 10, 1997 / Notices

directly or through a subsidiary or other

company, in a nonbanking activity that

is listed in § 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 December 24, 1997.

A. Federal Reserve Bank of Atlanta

(Lois Berthaume, Vice President) 104

Marietta Street, N.W., Atlanta, Georgia

30303-2713:

1. Regions Financial Corporation,

Montgomery, Alabama; to acquire

PALFED, Inc., and thereby indirectly

Palmetto Federal Savings Bank of South

Carolina, both of Aiken, South Carolina,

and thereby engage in operating a

savings association, pursuant to §

225.28(b)(4)(ii) of the Board’s Regulation

Y. Comments regarding this application

must be received by January 2, 1998.

B. Federal Reserve Bank of Kansas

City (D. Michael Manies, Assistant Vice

President) 925 Grand Avenue, Kansas

City, Missouri 64198-0001:

1. Stockmens Financial Corporation,

Rushville, Nebraska; to acquire

Electronic Commerce Management

Group, LLC, Greenwood, Colorado (a

joint venture), and thereby engage in

leasing personal or real property,

pursuant to § 225.28(b)(3) of the Board’s

Regulation Y; management consulting

services, pursuant to § 225.28(b)(9) of

the Board’s Regulation Y; and data

processing activities, pursuant to §

225.28(b)(14) of the Board’s Regulation

Y.

Board of Governors of the Federal Reserve

System, December 4, 1997.

William W. Wiles,

Secretary of the Board.

[FR Doc. 97–32220 Filed 12–9–97; 8:45 am]

BILLING CODE 6210–01–F

FEDERAL RESERVE SYSTEM

Notice of Propoals to Engage in

Permissible Nonabnking Activities or

to Acquire Companies that are

Engaged in Permissible Nonbanking

Activities; Correction

This notice corrects a notice (FR Doc.

97-31467) published on page 63717 of

the issue for Tuesday, December 2,

1997.

Under the Federal Reserve Bank of

New York heading, the entry for Cedit

Commerical De France, S.A., Paris,

France, is revised to read as follows:

A. Federal Reserve Bank of New

York (Betsy Buttrill White, Senior Vice

President) 33 Liberty Street, New York,

New York 10045-0001:

1. Credit Commercial De France, S.A.,

Paris, France; to engage de novo through

its subsidiary International Finance

Corporation, New York, New York, and

thereby engage in extending credit and

servicing loans, pursuant to §

225.28(b)(1) of the Board’s Regulation Y;

activities related to extending credit,

pursuant to § 225.28(b)(2) of the Board’s

Regulation Y; financial and investment

advisory activities, pursuant to §

225.28(b)(6) of the Board’s Regulation Y;

agency transactional services for

customer investments, pursuant to §

225.28(b)(7) of the Board’s Regulation Y;

and investment transactions as

principal, pursuant to § 225.28(b)(8) of

the Board’s Regulation Y.

Comments on this application must

be received by December 15, 1997.

Board of Governors of the Federal Reserve

System, December 5, 1997.

Jennifer J. Johnson,

Deputy Secretary of the Board.

[FR Doc. 97–32339 Filed 12–9–97; 8:45 am]

BILLING CODE 6210–01–F

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 that engages either

directly or through a subsidiary or other

company, in a nonbanking activity that

is listed in § 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 December 26, 1997.

A. Federal Reserve Bank of

Philadelphia (Michael E. Collins, Senior

Vice President) 100 North 6th Street,

Philadelphia, Pennsylvania 19105-1521:

1. Fulton Financial Corporation,

Lancaster, Pennsylvania; to acquire

Keystone Heritage Group, Inc. Lebanon,

Pennsylvania, and thereby indrectly

acquire Keystone Heritage Life

Insurance Company, Lebanon,

Pennsylvania, and thereby engage in

insurance agency activities, pursuant to

§ 225.28(b)(11) of the Board’s

Regulation Y.

Board of Governors of the Federal Reserve

System, December 5, 1997.

Jennifer J. Johnson,

Deputy Secretary of the Board.

[FR Doc. 97–32340 Filed 12–9–97; 8:45 am]

BILLING CODE 6210–01–F

FEDERAL RESERVE SERVICE

Sunshine Act Meeting

AGENCY HOLDING THE MEETING: Board of

Governors of the Federal Reserve

System

TIME AND DATE: 12:00 noon, Monday,

December 15, 1997.

PLACE: Marriner S. Eccles Federal

Reserve Board Building, 20th and C

Streets, N.W., Washington, D.C. 20551.

STATUS: Closed.

MATTERS TO BE CONSIDERED:

1. Proposed 1998 Federal Reserve

Board officer salary structure and merit

program.

2. Personnel actions (appointments,

promotions, assignments,

reassignments, and salary actions)

involving individual Federal Reserve

System employees.

3. Any matters carried forward from a

previously announced meeting.

CONTACT PERSON FOR MORE INFORMATION:

Joseph R. Coyne, Assistant to the Board;

202–452–3204.