Federal Register / Vol. 62, No. 49 / Thursday, March 13, 1997 / Notices 11895

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 April 7, 1997.

A. Federal Reserve Bank of

Richmond (Lloyd W. Bostian, Jr., Senior

Vice President) 701 East Byrd Street,

Richmond, Virginia 23261-4528:

1. First Virginia Banks, Inc., Falls

Church, Virginia to merge with Premier

Bankshares Corporation, Bluefield,

Virginia, and thereby indirectly acquire

Premier Bank, N.A., Tazewell, Virginia;

Premier Bank-South, National

Association, Wytheville, Virginia; and

Premier Bank-Central, N.A., Honaker,

Virginia.

In connection with this application,

Applicant also has applied to acquire

Premier Trust Company, Bluefield,

Virginia, and thereby engage in

activities that may be performed by a

trust company (including activities of a

fiduciary, agency, or custodial nature),

in the manner authorized by federal or

state law, pursuant to § 225.25(b)(3) of

the Board’s Regulation Y.

B. Federal Reserve Bank of Chicago

(James A. Bluemle, Vice President) 230

South LaSalle Street, Chicago, Illinois

60690-1413:

1. Bando McGlocklin Capital

Corporation, Pewaukee, Wisconsin; to

become a bank holding company by

acquiring 100 percent of the voting

shares of Investors Bank, Pewaukee,

Wisconsin a de novo bank.

In connection with this application,

Applicant has also retain to acquire

Bando McGlocklin Small Business

Lending Company and Bando

McGlocklin Investment Corporation,

Pewaukee, Wisconsin, and thereby

continue to engage in the activities

permitted by § 225.25(b)(1) of the

Board’s Regulation Y.

C. Federal Reserve Bank of

Minneapolis (Karen L. Grandstrand,

Vice President) 250 Marquette Avenue,

Minneapolis, Minnesota 55480-2171:

1. Conrad Company, Minneapolis,

Minnesota; to acquire up to 62 percent

of voting shares of National Mercantile

Bancorp, Los Angeles, California, and

thereby indirectly acquire Mercantile

National Bank, Los Angeles, California.

D. Federal Reserve Bank of San

Francisco (Kenneth R. Binning,

Director, Bank Holding Company) 101

Market Street, San Francisco, California

94105-1579:

1. Citizens Bancorp, Corvallis,

Oregon; to become a bank holding

company by acquiring 100 percent of

the voting shares of Citizens Bank,

Corvallis, Oregon.

Board of Governors of the Federal Reserve

System, March 7, 1997.

Jennifer J. Johnson,

Deputy Secretary of the Board.

[FR Doc. 97–6303 Filed 3-12-97; 8:45 am]

BILLING CODE 6210-01-F

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 § 225.25 of Regulation

Y (12 CFR 225.25) 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.

Once the notice 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 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 March 27, 1997.

A. Federal Reserve Bank of

Richmond (Lloyd W. Bostian, Jr., Senior

Vice President) 701 East Byrd Street,

Richmond, Virginia 23261-4528:

1. Barnett Banks, Inc., Jacksonville,

Florida; Crestar Financial Corporation,

Richmond, Virginia; First Union

Corporation, Charlotte, North Carolina;

NationsBank Corporation, Charlotte,

North Carolina; Southern National

Corporation, Winston-Salem, North

Carolina; and Wachovia Corporation,

Winston-Salem, North Carolina; to

acquire HONOR Technologies, Inc.,

Maitland, Florida, and thereby engage,

directly and indirectly in certain data

processing and electronic funds transfer

services, pursuant to § 225.25(b)(7) of

the Board’s Regulation Y. These

activities will be conducted throughout

the United States and in certain foreign

countries.

In connection with this application,

HONOR Technologies, Inc., also

proposes to acquire 9.1 percent of the

voting shares of Card Alert Services,

Inc., Arlington, Virginia, and thereby

engage in providing debit card securities

services, pursuant to § 225.25(b)(7) of

the Board’s Regulation Y.

B. Federal Reserve Bank of Cleveland

(R. Chris Moore, Senior Vice President)

1455 East Sixth Street, Cleveland, Ohio

44101-2566:

1. Banc One Corporation, Columbus,

Ohio; to acquire First USA, Inc., Dallas,

Texas, and thereby indirectly acquire

First USA Bank, Wilmington, Delaware,

and thereby engage in issuing and

making revolving extensions of credit,

pursuant to consumer credit cards and

in conducting activities incidental to its

credit card business, pursuant to §

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

First USA Financial Services, Inc.,

Murray, Utah, and thereby engage in

issuing and making extensions of credit,

pursuant to commercial credit cards that

it issues to business, governmental

units, and other entities, pursuant to §§

225.25(b)(1) and (b)(2) of the Board’s

Regulation Y; PHH/Paymentech LLC,

Dallas, Texas, and thereby engage in a

joint venture through Paymentech Fleet

Services, Inc., with PHH Vehicle

Management Services, Corp, and

thereby engage in providing credit card

marketing, transaction processing, and

other services to organizations that

operate fleets of vehicles, including

offering a private label credit card that

is given to drivers of fleet vehicles for

use in paying for services provided by

vendors, pursuant to § 225.25(b)(1) of
11896 Federal Register / Vol. 62, No. 49 / Thursday, March 13, 1997 / Notices

the Board’s Regulation Y; First USA

Federal Savings Bank, Wilmington,

Delaware, and thereby engage in

operating a federally chartered savings

association, pursuant to § 225.25(b)(9)

of the Board’s Regulation Y; First USA

Merchant Services, Inc., Dallas, Texas,

and thereby engage in processing credit

and debit card transactions for

merchants directly and indirectly

through financial institutions and

independent sales organizations,

pursuant to §§ 225.25(b)(1) and (b)(7) of

the Board’s Regulation Y; First USA

Technology, Inc., Dallas, Texas, and

thereby engage in serving as licensor for

software provided to merchants in

connection with First USA Merchant

Services, Inc., and credit and debit card

transaction processing activities,

pursuant to §§ 225.25(b)(1) and (b)(7) of

the Board’s Regulation Y; Paymentech

New Hampshire, Inc., Salem, New

Hampshire, and thereby engage in

specialized credit and debit card

transaction processing services to direct

response merchants and also providing

specialized PC-based software used by

direct response merchants in connection

with the entry of customer card data and

card transaction processing, pursuant to

§§ 225.25(b)(1) and (b)(7) of the Board’s

Regulation Y; Gensar Technologies, Inc.,

Tampa, Florida, and thereby engage in

providing certain credit and debit card

transaction processing services and

equipment for merchants directly and

indirectly through financial institutions

and independent sales organizations

and acting as the licensor of PC-based

software designed solely for the

processing of financial data, pursuant to

§§ 225.25(b)(1) and (b)(7) of the Board’s

Regulation Y; Merchant Link, Inc.,

Bethesda, Maryland, and thereby engage

in providing specialized help-desk

services in connection with the

operation of bank card modules of

certain integrated hotel, restaurant, and

retail financial management systems to

support the processing of credit and

debit card transactions, pursuant to §

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

and First Virtual Holdings Incorporated,

San Diego, California, and thereby

engage in providing secure off-line

verification of the identity of the

purchaser and seller in a credit card

transaction over the Internet, processing

such card transactions, operating a

shared website for sellers of information

products, and other activities relating to

the billing, on-line payments, and sale

of merchandise over the Internet,

pursuant to §§ 225.25(b)(1) and (b)(7) of

the Board’s Regulation Y.

2. PNC Bank Corp., Pittsburgh,

Pennsylvania; to acquire V.F. Partners,

L.P., and thereby engage de novo

through a subsidiary, PNC GPI, Inc., that

will acquire certain assets of V.F.

Partners, L.P., and act as a general

partner of certain limited partnerships

now existing or to be established in the

future that are exempt from registration

as investment companies under the

Investment Company Act of 1940 (15

U.S.C. §§ 80a). See Meridian Bancorp,

Inc., 80 Fed. Res. Bull. 736 (1994);

Bessemer Group, Inc., 82 Fed. Res. Bull.

569 (1996); Dresdner Bank AG, 82 Fed.

Res. Bull. 850 (1996); NationsBank

Corporation, 83 Fed. Res. Bull. 148

(1997); Stichting Priorteit ABN-AMRO/

ChiCorp, 83 Fed. Res. Bull. 138 (1997).

Board of Governors of the Federal Reserve

System, March 7, 1997.

Jennifer J. Johnson,

Deputy Secretary of the Board.

[FR Doc. 97–6302 Filed 3-12-97; 8:45 am]

BILLING CODE 6210-01-F

DEPARTMENT OF HEALTH AND

HUMAN SERVICES

Office of the Secretary

Office of Minority Health; Amendment

to the Notice of a Cooperative

Agreement With Central State

University

This notice withdraws in its entirety

and supersedes the Notice of a

Cooperative Agreement With Central

State University as published on Friday,

February 7, 1997, in Federal Register,

Vol. 62, No. 26, pages 5833–5835.

The Office of Minority Health (OMH)

announces that it will enter into a

cooperative agreement with Central

State University, representing the

Minority Male (Min-Male) Consortium,

to support a Family and Community

Violence Prevention Program.

The purpose of the Family and

Community Violence Prevention

Program is to positively impact the

increasing incidence of violence and

abusive behavior in low income, at-risk

communities through the mobilization

of community partners to address these

issues. In order to have an effect on this

trend, interventions conducted through

partnerships must be directed to the

individual, the family and the

community as a whole, and must be

designed to impact the academic and

personal development of those who are

at risk.

This cooperative agreement is

intended to demonstrate the merit of

programs that involve partnerships

between community institutions and

Family Life Centers to spearhead a

community effort to improve the quality

of life for all community residents.

Authority

This cooperative agreement is

authorized under section 1707(d)(1) of

the Public Health Service Act, 42 U.S.C.

300u-6(d)(1).

Availability of Funds

Approximately $4,800,000 (indirect

and direct costs) is available in FY 1997

to fund this cooperative agreement. The

project is expected to begin on

September 30, 1997, for a 12 month

budget period within a project period

not to exceed 3 years. Continuation

awards within the project period will be

made on the basis of satisfactory

performance and availability of funds.

Up to 19 institutions will be selected to

receive awards of approximately

$200,000 per year to support family and

community violence prevention

programs. Special consideration will be

given to those institutions which

currently have Family Life Centers

supported by the OMH/Central State

University cooperative agreement.

These institutions are collectively

known as the Minority Male (Min-Male)

Consortium.

Background

Assistance will be provided only to

Central State University of Wilberforce,

Ohio in its management capacity on

behalf of the Minority Male (Min-Male)

Consortium and the Advisory Board. No

other applications are solicited. Central

State University is uniquely qualified to

administer this cooperative agreement

because it has:

1. Developed an infrastructure to

manage a multi-faceted demonstration

program coordinated among widely

dispersed institutions of higher

education addressing the issues of

family and community violence;

2. In place a management staff with

the background and experience to guide,

develop and evaluate a multimillion

dollar demonstration program;

3. Established a relationship with a

network of institutions of higher

education actively involved in programs

to prevent family and community

violence;

4. Demonstrated an ability to bring

together individual schools to function

as a cohesive unit in addressing

common issues and goals;

5. Experience in carrying out a

program designed to reduce the

incidence of violence and crime; and

6. Demonstrated through past

activities its ability to pull together

experts in the field of violence