Federal Register / Vol. 63, No. 18 /Wednesday, January 28, 1998 / Notices 4267

1455 East Sixth Street, Cleveland, Ohio

44101-2566:

1. First Capital Bancshares, Inc.,

Chillicothe, Ohio; to become a bank

holding company by acquiring 100

percent of the voting shares of Citizens

National Bank, Chillicothe, Ohio.

B. Federal Reserve Bank of

Richmond (A. Linwood Gill III,

Assistant Vice President) 701 East Byrd

Street, Richmond, Virginia 23261-4528:

1. First Union Corporation, Charlotte,

North Carolina; to acquire 100 percent

of the voting shares and thereby merge

with CoreStates Financial Corp.,

Philadelphia, Pennsylvania, and thereby

indirectly acquire CoreStates Bank,

N.A., Philadelphia, Pennsylvania, and

CoreStates Bank of Delaware, N.A.,

Wilmington, Delaware.

In connection with this application,

Applicant also has applied to acquire

Electronic Payment Services, Inc.,

Wilmington, Delaware, and thereby

engage in providing data processing and

transmission services to retail

merchants using point-of-sale terminals

and to banks who are members of its

automatic teller machine (ATM)

network. Electronic Payment Services,

Inc., also provides electronic benefits

transfer services, stored value card

services, electronic data interchange

services, and data processing for ATMs

to dispense tickets, gift certificates,

prepaid telephone cards and other

documents, pursuant to § 225.28(b)(14)

of the Board’s Regulation Y; Congress

Financial Corporation, New York, New

York, and thereby engage in factoring

services, asset based lending, and

commercial finance, pursuant to §

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

CoreStates Community Development

Corporation, Inc., Philadelphia,

Pennsylvania, and thereby engage in

investments to promote community

welfare and engage in acquiring,

rehabilitating, and selling residential

real estate to former homeless women,

pursuant to § 225.28(b)(12) of the

Board’s Regulation Y; CoreStates

Securities Corporation, Philadelphia,

Pennsylvania, and thereby engage in

securities brokerage activities, pursuant

to §§ 225.28(b)(6) and (b)(7) of the

Board’s Regulation Y; and in

underwriting and dealing in, to a

limited extent, certain municipal

revenue bonds, 1-4 family mortgagerelated securities, consumer receivablerelated securities, and commercial paper

(See Citicorp, 73 Fed. Res. Bull. 473

(1987)); providing financial and

investment advisory services, pursuant

to § 225.28(b)(6) of the Board’s

Regulation Y; buying and selling all

types of securities on order of customers

as a riskless principal, pursuant to §

225.28(b)(7)(ii) of the Board’s Regulation

Y; acting as agent in the private

placement of all types of securities,

pursuant to § 225.28(b)(7)(iii) of the

Board’s Regulation Y; providing other

transactional services, pursuant to §

225.28(b)(7)(v) of the Board’s Regulation

Y; and providing investing and trading

services, pursuant to § 225.28(b)(8)(ii) of

the Board’s Regulation Y; McGlinn

Capital Management, Inc., Reading,

Pennsylvania, and thereby engage in

investment advisory services, pursuant

to § 225.28(b)(6) of the Board’s

Regulation Y; Meridian Asset

Management, Inc., Valley Forge,

Pennsylvania, and thereby engage in

non-fiduciary custodial and agency

services, and trust services, pursuant to

§§ 225.28(b)(5) and (b)(6) of the Board’s

Regulation Y; Meridian Securities, Inc.,

Reading, Pennsylvania, and thereby

engage in securities brokerage activities,

pursuant to § 225.28(b)(7) of the Board’s

Regulation Y; Pennco Life Insurance

Company, Phoenix, Arizona, and

thereby engage in underwriting credit

life, health, and accident insurance for

loans made by affiliates, pursuant to §

225.28(b)(11) of the Board’s Regulation

Y; Meridian Life Insurance Company,

Reading, Pennsylvania, and thereby

engage in underwriting credit life,

health, and accident insurance for loans

made by affiliates, pursuant to §

225.28(b)(11) of the Board’s Regulation

Y; and Princeton Life Insurance

Company, Lancaster, Pennsylvania, and

thereby engage in underwriting credit

life, health, and accident insurance for

loans made by affiliates, pursuant to §

225.28(b)(11) of the Board’s Regulation

Y.

C. Federal Reserve Bank of Chicago

(Philip Jackson, Applications Officer)

230 South LaSalle Street, Chicago,

Illinois 60690-1413:

1. Ohnward Bancshares, Inc.,

Maquoketa, Iowa; to acquire 100 percent

of the voting shares of Gateway State

Bank, Clinton, Iowa.

D. Federal Reserve Bank of St. Louis

(Randall C. Sumner, Vice President) 411

Locust Street, St. Louis, Missouri 63102-

2034:

1. Countryside Bancshares, Inc.,

Republic, Missouri; to become a bank

holding company by acquiring 100

percent of the voting shares of

Countryside Bank (in organization),

Republic, Missouri.

E. Federal Reserve Bank of Kansas

City (D. Michael Manies, Assistant Vice

President) 925 Grand Avenue, Kansas

City, Missouri 64198-0001:

1. Marshall Community Bancshares,

Inc., Marshall, Missouri; to become a

bank holding company by acquiring 100

percent of the voting shares of

Community Bank of Marshall, Marshall,

Missouri.

F. Federal Reserve Bank of Dallas

(Genie D. Short, Vice President) 2200

North Pearl Street, Dallas, Texas 75201-

2272:

1. The Community Group, Inc., Dallas,

Texas, and The Delaware Community

Group, Inc., Wilmington, Delaware; to

become bank holding companies by

acquiring 100 percent of the voting

shares of United Community Group,

N.A., Highland Village, Texas.

G. Federal Reserve Bank of San

Francisco (Maria Villanueva, Manager

of Analytical Support, Consumer

Regulation Group) 101 Market Street,

San Francisco, California 94105-1579:

1. Busby Holdings, Inc., Los Angeles,

California; to become a bank holding

company by acquiring 59.5 percent of

the voting shares of Founders National

Bank of Los Angeles, Los Angeles,

California. Comments regarding this

application must be received not later

than February 20, 1998.

Board of Governors of the Federal Reserve

System, January 23, 1998.

Jennifer J. Johnson,

Deputy Secretary of the Board.

[FR Doc. 98–2063 Filed 1–27–98; 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
4268 Federal Register / Vol. 63, No. 18 /Wednesday, January 28, 1998 / Notices

received at the Reserve Bank indicated

or the offices of the Board of Governors

not later than February 23, 1998.

A. Federal Reserve Bank of

Philadelphia (Michael E. Collins, Senior

Vice President) 100 North 6th Street,

Philadelphia, Pennsylvania 19105-1521:

1. Commerce Bancorp, Inc., Cherry

Hill, New Jersey; to acquire A.H.

Williams & Co., Inc., Philadelphia,

Pennsylvania, and thereby engage in the

following: underwriting and dealing in

municipal revenue bonds, private

ownership industrial development

bonds issued for traditional government

services, mortgage-backed securities,

commercial paper, and consumer

receivable-related securities. See

Citicorp, 73 Fed. Res. Bull. 473 (1987);

Chemical New York Corporation, 73

Fed. Res. Bull. 731 (1987); Crestar

Financial Corporation, 83 Fed. Res.

Bull. 512 (1997); activities that are usual

in connection with making, acquiring,

brokering, or servicing loans or other

extensions of credit, pursuant to §

225.28(b)(2) of the Board’s Regulation Y;

leasing personal or real property or

acting as agent, broker, or adviser in

leasing such property, pursuant to §

225.28(b)(3) of the Board’s Regulation Y;

acting as investment or financial

advisor, pursuant to § 225.28(b)(6) of

the Board’s Regulation Y; providing

agency transactional services for

customer investments, pursuant to §

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

underwriting and dealing in bankeligible securities, pursuant to §

225.28(b)(8)(i) of the Board’s Regulation

Y; engaging as principal in investment

and trading activities, pursuant to §

225.28(b)(8)(ii) of the Board’s Regulation

Y; and providing management

consulting and employee benefits

counseling services, pursuant to §

225.28(b)(9) of the Board’s Regulation Y.

B. Federal Reserve Bank of

Richmond (A. Linwood Gill III,

Assistant Vice President) 701 East Byrd

Street, Richmond, Virginia 23261-4528:

1. One Valley Bancorp, Inc.,

Charleston, West Virginia; to acquire

FFVA Financial Corporation,

Lynchburg, Virginia, and thereby

indirectly acquire its subsidiary, First

Federal Savings Bank of Lynchburg,

Lynchburg, Virginia, and thereby engage

in operating a savings and loan

association, pursuant to §

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

Y.

Board of Governors of the Federal Reserve

System, January 23, 1998.

Jennifer J. Johnson,

Deputy Secretary of the Board.

[FR Doc. 98–2064 Filed 1–27–98; 8:45 am]

BILLING CODE 6210–01–F

DEPARTMENT OF HEALTH AND

HUMAN SERVICES

Office of the Secretary

National Committee on Vital and Health

Statistics: Meetings

Pursuant to the Federal Advisory

Committee Act, the Department of

Health and Human Services announces

the following advisory committee

meeting.

Name: National Committee on Vital and

Health Statistics (NCVHS), Subcommittee on

Health Data Needs, Standards, and Security.

Times and Dates: 9:00 a.m.–5:00 p.m.,

February 9, 1998. 9:00 a.m.–5:00 p.m.,

February 10, 1998.

Place: Room 303A, Hubert H. Humphrey

Building, 200 Independence Avenue, SW,

Washington, D.C. 20201.

Status: Open.

Purpose: Under the Administrative

Simplification provisions of Public Law 104–

191, the Health Insurance Portability and

Accountability Act of 1996 (HIPAA), the

Secretary of Health and Human Services is

required to adopt standards for specified

transactions to enable health information to

be exchanged electronically. The law

requires that, within 24 months of adoption,

all health plans, health care clearinghouses,

and health care providers who choose to

conduct these transactions electronically

must comply with these standards. The law

also requires the Secretary to adopt a number

of supporting standards including standards

for code sets and classifications systems. The

Secretary is required to consult with the

National Committee on Vital and Health

Statistics (NCVHS) in complying with these

provisions. The NCVHS is the Department’s

federal advisory committee on health data,

privacy and health information policy.

The NCVHS already has provided

recommendations to HHS relating to most of

the transaction and supporting standards,

and proposed regulations adopting those

standards are being prepared by HHS for

public review and comment in the Federal

Register. HIPAA allowed an additional

twelve months for adoption of the standard

for claims attachments. To assist in the

development of the NCVHS

recommendations to HHS relating to the

claims attachment standards, the NCVHS

Subcommittee on Health Data Needs,

Standards, and Security has scheduled a

public meeting on February 9–10, 1998. At

the meeting, the Subcommittee will obtain

the perspectives, concerns and

recommendations of interested and affected

parties relating to this standard. In addition,

the Subcommittee will review and discuss its

overall work plan for the year, including

medical classification issues and activities

relating to population based-data.

Notice: In the interest of security, the

Department has instituted stringent

procedures for entrance to the Hubert H.

Humphrey building by non-government

employees. Thus, persons without a

government identification card may need to

have the guard call for an escort to the

meeting.

Contact Person for More Information:

Substantive program information as well as

summaries of the meeting and a roster of

committee members may be obtained from

Bill Braithwaite, lead Subcommittee staff,

Office of the Assistant Secretary for Planning

and Evaluation, DHHS, Room 440–D,

Humphrey Building, 200 Independence

Avenue S.W., Washington, D.C. 20201,

telephone (202) 260–0546, or Marjorie S.

Greenberg, Executive Secretary, NCVHS,

NCHS, CDC, Room 1100, Presidential

Building, 6525 Belcrest Road, Hyattsville,

Maryland 20782, telephone (301) 436–7050.

Information also is available on the NCVHS

home page of the HHS website: http://

aspe.os.dhhs.gov/ncvhs/, where the agenda

for the meeting will be posted when

available.

Dated: January 21, 1998.

James Scanlon,

Director, Division of Data Policy, Office of

the Assistant Secretary for Planning and

Evaluation.

[FR Doc. 98–2041 Filed 1–27–98; 8:45 am]

BILLING CODE 4151–04–M

DEPARTMENT OF HEALTH AND

HUMAN SERVICES

Office of the Secretary

Health Resources and Service

Administration; Statement of

Delegation of Authority

Notice is hereby given that I have

delegated to the Administrator of the

Health Resources and Services

Administration (HRSA), with authority

to redelegate, all authorities vested in

the Secretary of Health and Human

Services under Title XXVI of the Public

Health Service Act, Public Law 101–

381, The Ryan White Comprehensive

AIDS Resources Emergency Act of 1990,

as amended by Public Law 104–146, as

amended hereafter, pertaining to the

HIV Health Care Services Program, as

follows:

1. Part A (Title I of the CARE Act and

Section 2601–07 of the PHS Act)—

Emergency Relief for Areas with

Substantial Need for Services;

2. Part B (Title II of the CARE Act and

Sections 2611–21 of the PHS Act)—Care

Grant Program to States and Territories;

3. Part C (Title III of the CARE Act

and Sections 2651–54 of the PHS Act)—

Early Intervention Services at

community health clinics;

4. Part D (Title IV of the CARE Act

and Section 2671 of the PHS Act)—

Grants for Coordinated Services and

Access to Research for Women, Infants,

Children and Youth;

5. Part F.I., Section 2691 of the PHS

Act—Special Projects of National

Significance (SPNS);