[Federal Register Volume 60, Number 48 (Monday, March 13, 1995)]
[Notices]
[Pages 13435-13436]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-6072]



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FEDERAL RESERVE SYSTEM

Larch Bancorporation, Inc., et al.; Acquisition of Companies 
Engaged in Permissible Nonbanking Activities

    The organizations listed in this notice have applied under Sec.  
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 Sec.  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 Sec.  
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 27, 1995.
    A. Federal Reserve Bank of Chicago (James A. Bluemle, Vice 
President) 230 South LaSalle Street, Chicago, Illinois 60690:
    1. Larch Bancorporation, Inc., Larchwood, Iowa; to acquire from its 
subsidiary Security Savings Bank, Parchwood, Iowa, Security Insurance 
Agency, Inwood, Iowa, and thereby engage in general insurance 
activities in a town of less than 5,000. These activities will be 
conducted in Inwood, Illinois, pursuant to Sec.  225.25(b)(8)(iii) of 
the Board's Regulation Y.
    B. Federal Reserve Bank of St. Louis (Randall C. Sumner, Vice 
President) 411 Locust Street, St. Louis, Missouri 63166:
    1. National City Bancshares, Inc., Evansville, Indiana; to acquire 
United Financial Bancorp, Inc., Vincennes, Indiana, and United Federal 
Savings Bank of Vincennes, Vincennes, Indiana, and thereby engage in 
indirectly acquiring, controlling, and operating a federally-chartered 
savings bank, pursuant to Sec.  225.25(b)(9) of the Board's Regulation 
Y.
    2. Turner Bancshares, Inc., Belgrade, Missouri; to acquire HDJ 
Turner Company, Potosi, Missouri, previously [[Page 13436]] operating 
as Potosi Abstract, Potosi, Missouri, and thereby engage in the sale of 
title insurance in a town of less than 5,000, pursuant to Sec.  
225.25(b)(8)(iii) of the Board's Regulation Y. This activity will be 
conducted in Potosi, Missouri.
    C. Federal Reserve Bank of Kansas City (John E. Yorke, Senior Vice 
President) 925 Grand Avenue, Kansas City, Missouri 64198:
    1. First Ainsworth Company, Ainsworth, Nebraska; to engage in 
performing insurance activities in a town having a population not 
exceeding 5,000 pursuant to Sec.  225.25(b)(8)(iii) of the Board's 
Regulation Y. These activities will be conducted in Bassett, Nebraska.

    Board of Governors of the Federal Reserve System, March 7, 1995.
Jennifer J. Johnson,
Deputy Secretary of the Board.
[FR Doc. 95-6072 Filed 3-10-95; 8:45 am]
BILLING CODE 6210-01-F