Federal Register / Vol. 60, No. 94 / Tuesday, May 16, 1995 / Notices 26035

indicated or the offices of the Board of

Governors not later than May 30, 1995.

A. Federal Reserve Bank of New

York (William L. Rutledge, Senior Vice

President) 33 Liberty Street, New York,

New York 10045:

1. Cooperatieve Centrale RaiffeisenBoerenleenbank B.A., Rabobank

Nederland, Utrecht, Netherland to

engage de novo through its subsidiary,

Rabo Capital Services, Inc., New York,

New York, in intermediating in the

international swap markets by acting as

an originator and principal in interest

rate swap and currency swap

transactions; acting as an originator and

principal with respect to certain riskmanagement products such as caps,

floors and collars, as well as options on

swaps, caps, floors and collars (Swap

Derivative Products); acting as a broker

or agent with respect to the foregoing

transactions and instruments; and acting

as an advisor to institutional customers

regarding financial strategies involving

interest rate and currency swaps and

Swap Derivative Products. See LongTerm Credit Bank of Japan, Limited, 79

Federal Reserve Bulletin 345 (1993)).

Board of Governors of the Federal Reserve

System, May 10, 1995.

Jennifer J. Johnson,

Deputy Secretary of the Board.

[FR Doc. 95–11996 Filed 5–15–95; 8:45 am]

BILLING CODE 6210–01–F

First Peoples Bancshares, Inc., et al.;

Formations of; Acquisitions by; and

Mergers of Bank Holding Companies

The companies listed in this notice

have applied for the Board’s approval

under section 3 of the Bank Holding

Company Act (12 U.S.C. 1842) and §

225.14 of the Board’s Regulation Y (12

CFR 225.14) to become a bank holding

company or to acquire a bank or bank

holding company. The factors that are

considered in acting on the applications

are set forth in section 3(c) of the Act

(12 U.S.C. 1842(c)).

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 to the

Reserve Bank or to the offices of the

Board of Governors. Any comment on

an application that requests a hearing

must include a statement of why a

written presentation would not suffice

in lieu of a hearing, identifying

specifically any questions of fact that

are in dispute and summarizing the

evidence that would be presented at a

hearing.

Unless otherwise noted, comments

regarding each of these applications

must be received not later than June 9,

1995.

A. Federal Reserve Bank of Atlanta

(Zane R. Kelley, Vice President) 104

Marietta Street, N.W., Atlanta, Georgia

30303:

1. First Peoples Bancshares, Inc., Pine

Mountain, Georgia; to become a bank

holding company by acquiring 100

percent of the voting shares of First

Peoples Bank, Pine Mountain, Georgia.

2. First Sterling Bancshares, Inc.,

Auburndale, Florida; to merge with

Commerce Bank Corporation, Winter

Haven, Florida, and thereby acquire

Commerce Bank of Central Florida,

Winter Haven, Florida.

B. Federal Reserve Bank of

Minneapolis (James M. Lyon, Vice

President) 250 Marquette Avenue,

Minneapolis, Minnesota 55480:

1. International Bancorporation,

Golden Valley, Minnesota; to merge

with American Bancorporation Holding

Company of Brainerd, Brainerd,

Minnesota, and thereby acquire

American National Bank of Brainerd,

Brainerd, Minnesota.

Board of Governors of the Federal Reserve

System, May 10, 1995.

Jennifer J. Johnson,

Deputy Secretary of the Board.

[FR Doc. 95–11997 Filed 5–15–95; 8:45 am]

BILLING CODE 6210–01–F

The Joy Partners, Ltd.; Change in Bank

Control Notices; Acquisitions of

Shares of Banks or Bank Holding

Companies

The notificants listed below have

applied under the Change in Bank

Control Act (12 U.S.C. 1817(j)) and §

225.41 of the Board’s Regulation Y (12

CFR 225.41) to acquire a bank or bank

holding company. The factors that are

considered in acting on the notices are

set forth in paragraph 7 of the Act (12

U.S.C. 1817(j)(7)).

The notices are available for

immediate inspection at the Federal

Reserve Bank indicated. Once the

notices have been accepted for

processing, they will also be available

for inspection at the offices of the Board

of Governors. Interested persons may

express their views in writing to the

Reserve Bank indicated for that notice

or to the offices of the Board of

Governors. Comments must be received

not later than May 30, 1995.

A. Federal Reserve Bank of Kansas

City (John E. Yorke, Senior Vice

President) 925 Grand Avenue, Kansas

City, Missouri 64198:

1. The Joy Partners, Ltd., Ardmore,

Oklahoma, and T.C. Craighead and Co.,

Ardmore, Oklahoma, General Partner; to

acquire an additional 14.96 percent, for

a total of 15.17 percent, of the voting

shares of Citizens Commerce

Corporation, Ardmore, Oklahoma, and

thereby indirectly acquire Citizens Bank

of Ardmore, Ardmore, Oklahoma.

Board of Governors of the Federal Reserve

System, May 10, 1995.

Jennifer J. Johnson,

Deputy Secretary of the Board.

[FR Doc. 95–11998 Filed 5–15–95; 8:45 am]

BILLING CODE 6210–01–F

Mellon Bank Corporation, et al.;

Acquisitions of Companies Engaged in

Permissible Nonbanking Activities

The organizations listed in this notice

have applied under § 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 § 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 § 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