14942 Federal Register / Vol. 60, No. 54 / Tuesday, March 21, 1995 / Notices

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 the applications must be

received at the Reserve Bank indicated

or the offices of the Board of Governors

not later than April 4, 1995.

A. Federal Reserve Bank of

Richmond (Lloyd W. Bostian, Jr., Senior

Vice President) 701 East Byrd Street,

Richmond, Virginia 23261:

1. Allied Irish Banks, plc, Dublin,

Ireland, to engage de novo through its

subsidiary AIB Investment Managers

Limited, Dublin, Ireland, in providing

portfolio investment advice to any other

person, serving as investment adviser to

an investment company, including

sponsoring, organizing, and managing a

closed-end investment company, and

furnishing general economic

information and advice, general

economic statistical forecasting services

and industry studies, pursuant to §§

225.25(b)(4)(ii), (iii), and (iv) of the

Board’s Regulation Y; providing foreign

exchange advisory and transactional

services, pursuant to § 225.25(b)(17) of

the Board’s Regulation Y; and providing

investment advice as a commodity

trading advisor for institutional and

other financially sophisticated

customers with respect to the purchase

and sale of futures contracts and options

on futures contracts for (1) bullion,

foreign exchange, government

securities, certificates of deposit, and

other money market instruments that a

bank may buy or sell in the cash market

for its own account, (2) other financial

instruments listed on the Board’s list

entitled ‘‘Approved Exchanges and

Contracts’’ (as from time to time

revised), and (3) other financial

instruments which the Federal Reserve

Board (or a Federal Reserve Bank under

delegated authority) may from time to

time approve for Applicant or for any

other bank holding company, pursuant

to § 225.25(b)(19) of the Board’s

Regulation Y.

B. Federal Reserve Bank of Kansas

City (John E. Yorke, Senior Vice

President) 925 Grand Avenue, Kansas

City, Missouri 64198:

1. McCook National Company,

McCook, Nebraska; to engage de novo in

credit related life insurance activities,

pursuant to § 225.25(b)(8)(i) of the

Board’s Regulation Y.

Board of Governors of the Federal Reserve

System, March 15, 1995.

Jennifer J. Johnson,

Deputy Secretary of the Board.

[FR Doc. 95-6868 Filed 3-20-95; 8:45 am]

BILLING CODE 6210-01-F

BB&T Bancshares Corp., 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 April 14,

1995.

A. Federal Reserve Bank of Chicago

(James A. Bluemle, Vice President) 230

South LaSalle Street, Chicago, Illinois

60690:

1. BB&T Bancshares Corp.,

Bloomingdale, Illinois; to become a

bank holding company by acquiring 100

percent of the voting shares of

Bloomingdale Bank and Trust,

Bloomingdale, Illinois.

B. Federal Reserve Bank of St. Louis

(Randall C. Sumner, Vice President) 411

Locust Street, St. Louis, Missouri 63166:

1. First Tennessee National

Corporation, Memphis, Tennessee; to

merge with Financial Investment

Corporation, Springdale, Arkansas, and

thereby indirectly acquire The First

National Bank of Springdale,

Springdale, Arkansas.

2. Union Planters Corporation,

Memphis, Tennessee; to acquire 100

percent of the voting shares of First

State Bancorporation, Inc., Tiptonville,

Tennessee, and thereby indirectly

acquire First Exchange Bank,

Tiptonville, Tennessee.

C. Federal Reserve Bank of Kansas

City (John E. Yorke, Senior Vice

President) 925 Grand Avenue, Kansas

City, Missouri 64198:

1. Gibbon Exchange Company,

Gibbon, Nebraska; to acquire 100

percent of the voting shares of Nebraska

National Bank (in organization),

Kearney, Nebraska.

Board of Governors of the Federal Reserve

System, March 15, 1995.

Jennifer J. Johnson,

Deputy Secretary of the Board.

[FR Doc. 95-6869 Filed 3-20-95; 8:45 am]

BILLING CODE 6210-01-F

The Denis J. O’Brien Irrevocable

Family Trust; 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 April 4, 1995.

A. Federal Reserve Bank of St. Louis

(Randall C. Sumner, Vice President) 411

Locust Street, St. Louis, Missouri 63166:

1. The Denis J. O’Brien Irrevocable

Family Trust, Swansea, Illinois; to retain

48.81 percent of the voting shares of

Union Illinois Company, Swansea,

Illinois, and thereby indirectly acquire