11096 Federal Register / Vol. 60, No. 40 / Wednesday, March 1, 1995 / Notices

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 March

25, 1995.

A. Federal Reserve Bank of

Richmond (Lloyd W. Bostian, Jr., Senior

Vice President) 701 East Byrd Street,

Richmond, Virginia 23261:

1. Centura Banks, Inc., Rocky Mount,

North Carolina; to merge with First

Southern Bancorp, Inc., Asheboro,

North Carolina, and thereby indirectly

acquire First Southern Savings Bank,

Inc., Asheboro, North Carolina.

B. Federal Reserve Bank of Atlanta

(Zane R. Kelley, Vice President) 104

Marietta Street, N.W., Atlanta, Georgia

30303:

1. Habersham Bancorp, Cornelia,

Georgia; to merge with Security

Bancorp, Inc., Canton, Georgia; and

thereby indirectly acquire Security State

Bank, Canton, Georgia.

C. Federal Reserve Bank of St. Louis

(Randall C. Sumner, Vice President) 411

Locust Street, St. Louis, Missouri 63166:

1. Chambers Bancshares, Inc.,

Danville, Arkansas; to acquire 82.9

percent of the voting shares of Bank of

Atkins, Atkins, Arkansas.

Board of Governors of the Federal Reserve

System, February 23, 1995.

Jennifer J. Johnson,

Deputy Secretary of the Board.

[FR Doc. 95-4971 Filed 2-28-95; 8:45 am]

BILLING CODE 6210-01-F

Charles H. Deters; Change in Bank

Control Notice

Acquisition of Shares of Banks or

Bank Holding Companies

The notificant listed below has

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 notices are set

forth in paragraph 7 of the Act (12

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

The notice is available for immediate

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 to the Reserve Bank indicated

for the notice or to the offices of the

Board of Governors. Comments must be

received not later than March 15, 1995.

A. Federal Reserve Bank of Cleveland

(John J. Wixted, Jr., Vice President) 1455

East Sixth Street, Cleveland, Ohio

44101:

1. Charles H. Deters, Walton,

Kentucky; to acquire an additional 4.5

percent, for a total of 50 percent, of the

voting shares of Commonwealth Trust

Bancorp, Inc., Butler, Kentucky, and

thereby indirectly acquire Farmers

Bank, Butler, Kentucky.

Board of Governors of the Federal Reserve

System, February 23, 1995.

Jennifer J. Johnson,

Deputy Secretary of the Board.

[FR Doc. 95-4972 Filed 2-28-95; 8:45 am]

BILLING CODE 6210-01-F

Deutsche Bank AG, 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

must be received at the Reserve Bank

indicated for the application or the

offices of the Board of Governors not

later than March 15, 1995.

A. Federal Reserve Bank of New

York (William L. Rutledge, Senior Vice

President) 33 Liberty Street, New York,

New York 10045:

1. Deutsche Bank, AG, Frankfurt,

Federal Republic of Germany; to acquire

ITT Business Services Corporation,

Clayton, Missouri, and ITT Commercial

Finance Corporation, Hato Rey, Puerto

Rico, and thereby engage in making and

servicing loans, pursuant to §

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

and to provide data processing services,

pursuant to § 225.25(b)(7) of the Board’s

Regulation Y.

B. Federal Reserve Bank of Chicago

(James A. Bluemle, Vice President) 230

South LaSalle Street, Chicago, Illinois

60690:

1. Castle BancGroup, Inc., DeKalb,

Illinois; to acquire through a newly

organized subsidiary, Castle Mortgage,

Inc. DeKalb, Illinois, Premier Home

Financing, Inc., Oak Brook, Illinois,

with offices in Arlington, Heights,

Illinois, Naperville, Illinois, and

Merrillville, Indiana, and thereby

engage in making and servicing loans,

pursuant to § 225.25(b)(1) of the Board’s

Regulation Y; acting as principal, agent,

or broker for credit insurance, pursuant

to § 225.25(b)(8)(i) of the Board’s

Regulation Y; performing appraisals of

real estate and tangible and intangible

personal property, pursuant to §

225.25(b)(13); and arranging commercial

real estate equity financing, pursuant to

§ 225.25(b)(14) of the Board’s

Regulation Y.