[Federal Register Volume 62, Number 34 (Thursday, February 20, 1997)]
[Notices]
[Pages 7783-7784]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-4154]


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FEDERAL RESERVE SYSTEM


Formations of, Acquisitions by, and Mergers of Bank Holding 
Companies

    The companies listed in this notice have applied to the Board for 
approval, pursuant to the Bank Holding Company Act of 1956 (12 U.S.C. 
1841 et seq.) (BHC Act), Regulation Y (12 CFR Part 225), and all other 
applicable statutes and regulations to become a bank holding company 
and/or to acquire the assets or the ownership of, control of, or the 
power to vote shares of a bank or bank holding company and all of the 
banks and nonbanking companies owned by the bank holding company, 
including the companies listed below.
    The applications listed below, as well as other related filings 
required by the Board, are 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 standards enumerated in the BHC Act (12 U.S.C. 
1842(c)). If the proposal also involves the acquisition of a nonbanking 
company, the review also includes whether the acquisition of the 
nonbanking company complies with the standards in section 4 of the BHC 
Act. Unless otherwise noted, nonbanking activities will be conducted 
throughout the United States.
    Unless otherwise noted, comments regarding each of these 
applications must be received at the Reserve Bank indicated or the 
offices of the Board of Governors not later than March 14, 1997.
    A. Federal Reserve Bank of New York (Christopher J. McCurdy, Senior 
Vice President) 33 Liberty Street, New York, New York 10045-0001:
    1. The Bank of New York Company, Inc., New York, New York; to 
acquire 9.9 percent of the voting shares of State Street Boston 
Corporation, Boston, Massachusetts, and thereby indirectly acquire 
State Street Bank and Trust Company, Boston, Massachusetts.
    In connection with this application, Applicant also has applied to 
acquire State Street Boston Securities Services Corp., Boston, 
Massachusetts, and thereby indirectly acquire Investors Fiduciary Trust 
Company, Kansas City, Missouri, and thereby engage in performing 
functions or activities that may be performed by a trust company, 
pursuant to Sec.  225.25(b)(3) of the Board's Regulation Y; State 
Street Global Advisors, Inc., Dover, Delaware, and thereby indirectly 
acquire State Street Global Advisors, United Kingdom Limited, London, 
England, State Street Unit Trust Management Limited, London, England, 
and Boston Esquiserve, L.P., Canton, Massachusetts, and thereby engage 
in acting as an investment or financial advisor, pursuant to Secs.  
226.25(b)(4)(ii) and (b)(4)(iii) of the Board's Regulation Y; Boston 
Financial Data Services, North Quincy, Massachusetts, and thereby 
indirectly acquire National Financial Data Services, Kansas City, 
Missouri, CFDS Limited, Toronto, Ontario, Canada, CFDS Investors 
Services Limited, Toronto, Ontario, Canada, European Financial Data 
Services, Luxembourg, Princeton Financial Systems, Princeton, New 
Jersey, Bridge Financial Systems, Inc., St. Louis, Missouri, and Dunai 
Financial Services PTY Limited, Melbourne, Australia, and thereby 
engage in data processing activities, pursuant to Sec.  225.25(b)(7) of 
the Board's Regulation Y. These activities will be conducted worldwide.
    B. Federal Reserve Bank of Atlanta (Lois Berthaume, Vice President) 
104 Marietta Street, N.W., Atlanta, Georgia 30303-2713:
    1. 1st United Bancorp, Boca Raton, Florida; to acquire 100 percent 
of the voting shares of Island National Bank and Trust Company, Palm 
Beach, Florida.
    C. Federal Reserve Bank of Minneapolis (Karen L. Grandstrand, Vice 
President) 250 Marquette Avenue, Minneapolis, Minnesota 55480-2171:
    1. TCF Financial Corporation, Minneapolis Minnesota; to become a 
bank holding company by acquiring 100 percent of the voting shares of 
TCF National Bank Minnesota, Minneapolis, Minnesota, a  de novo bank; 
TCF National Bank Illinois, Chicago, Illinois, a de novo bank; TCF 
National Bank

[[Page 7784]]

Wisconsin, Milwaukee Wisconsin, a de novo bank; Great Lakes National 
Bank Michigan, Ann Arbor, Michigan, a de novo bank; Great Lakes 
National Bank Ohio, Hamilton, Ohio, a de novo bank; TCF Colorado 
Corporation, Englewood, Colorado, a bank holding company; by acquiring 
TCF National Bank Colorado, Englewood, Colorado, a de novo bank.
    In connection with this application, Applicant also has applied to 
acquire TCF Securities, Inc., St. Paul, Minnesota, and thereby engage 
in offering securities brokerage services involving mutual funds shares 
and related investment advisory activities, pursuant to Secs.  225.25 
(b)(4) and (b)(15) of the Board's Regulation Y.
    In addition to this application, TCF Colorado Corporation, 
Englewood, Colorado, also has applied to become a bank holding company 
by acquiring 100 percent of the voting shares of TCF National Bank 
Colorado, Englewood, Colorado, a de novo bank.
    D. Federal Reserve Bank of Dallas (Genie D. Short, Vice President) 
2200 North Pearl Street, Dallas, Texas 75201-2272:
    1. ANB Bancshares, Inc., Gonzales, Texas, and ANB Nevada Group, 
Inc., Carson City, Nevada; to become bank holding companies by 
acquiring 100 percent of the voting shares of American National Bank, 
Gonzales, Texas.

    Board of Governors of the Federal Reserve System, February 13, 
1997.
Jennifer J. Johnson,
Deputy Secretary of the Board.
[FR Doc. 97-4154 Filed 2-19-97; 8:45 am]
BILLING CODE 6210-01-F