29326 Federal Register / Vol. 66, No. 104 / Wednesday, May 30, 2001 / Notices

Board of Governors of the Federal Reserve

System, May 23, 2001.

Robert deV. Frierson

Associate Secretary of the Board.

[FR Doc. 01–13478 Filed 5–29–01; 8:45 am]

BILLING CODE 6210–01–S

FEDERAL RESERVE SYSTEM

Change in Bank Control Notices;

Acquisition of Shares of Bank 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. The notices

also will be available for inspection at

the office 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 June 13,

2001.

A. Federal Reserve Bank of St. Louis

(Randall C. Sumner, Vice President) 411

Locust Street, St. Louis, Missouri

63166–2034:

1. Raymond and Ruth Schnake, St.

Peter, Illinois; to retain voting shares of

St. Peter Bancshares, Inc., St. Peter,

Illinois, and thereby indirectly retain

voting shares of First State Bank of St.

Peter, St. Peter, Illinois.

Board of Governors of the Federal Reserve

System, May 24, 2001.

Robert deV. Frierson

Associate Secretary of the Board.

[FR Doc. 01–13559 Filed 5–29–01; 8:45 am]

BILLING CODE 6210–01–S

FEDERAL RESERVE SYSTEM

Formations of, Acquisitions by, and

Mergers of Bank Holding Companies;

Correction

This notice corrects a notice (FR Doc.

01-12376) published on page 27144 of

the issue for Wednesday, May 16, 2001.

Under the Federal Reserve Bank of

Richmond heading, the entry for First

Union Corporation, Charlotte, North

Carolina, is revised to read as follows:

A. Federal Reserve Bank of

Richmond (A. Linwood Gill, III, Vice

President) 701 East Byrd Street,

Richmond, Virginia 23261–4528:

1. First Union Corporation, Charlotte,

North Carolina, to merge with Wachovia

Corporation, Winston-Salem, North

Carolina, and thereby indirectly acquire

voting shares of Wachovia Bank,

National Association, Winston-Salem,

North Carolina; Wachovia Acquisition

Corporation 2001-01, Winston-Salem,

North Carolina; Republic Security Bank,

West Palm Beach, Florida; and First

National Bank of Atlanta, New Castle,

Delaware (d/b/a Wachovia Bank Card

Services). First Union also requests

approval to exercise an option to

acquire up to 19.9 percent of the voting

shares of Wachovia Corporation under

certain circumstances.

In connection with this application,

Applicant also has applied to acquire

Atlantic Savings Bank, FSB, Hilton

Head Island, South Carolina, and

thereby engage in operating a savings

association, pursuant to §

225.28(b)(4)(ii) of Regulation Y.

Comments on this application must

be received by June 11, 2001.

Board of Governors of the Federal Reserve

System, May 23, 2001.

Robert deV. Frierson

Associate Secretary of the Board.

[FR Doc. 01–13476 Filed 5–29–01; 8:45 am]

BILLING CODE 6210–01–S

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. The application also will 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

(12 U.S.C. 1843). Unless otherwise

noted, nonbanking activities will be

conducted throughout the United States.

Additional information on all bank

holding companies may be obtained

from the National Information Center

website at www.ffiec.gov/nic/.

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 June 22, 2001.

A. Federal Reserve Bank of Atlanta

(Cynthia C. Goodwin, Vice President)

104 Marietta Street, N.W., Atlanta,

Georgia 30303–2713:

1. Financial Investors of the South,

Inc., Birmingham, Alabama; to acquire

100 percent of the voting shares of

Capital Bank, Montgomery, Alabama (in

organization).

B. Federal Reserve Bank of Kansas

City (D. Michael Manies, Assistant Vice

President) 925 Grand Avenue, Kansas

City, Missouri 64198–0001:

1. Geneva State Company, Geneva,

Nebraska; to acquire 73 percent of the

voting shares of Grafton State Bank,

Grafton, Nebraska.

Board of Governors of the Federal Reserve

System, May 24, 2001.

Robert deV. Frierson

Associate Secretary of the Board.

[FR Doc. 01–13558 Filed 5–29–00; 8:45 am]

BILLING CODE 6210–01–S

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, including the

companies listed below, 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