Federal Register / Vol. 61, No. 80 / Wednesday, April 24, 1996 / Notices 18145

International Transcription Services,

Inc. at (202) 857–3800. Audio and video

tapes of this meeting can be purchased

from Telspan International at (301) 731–

5355.

William F. Caton,

Acting Secretary.

[FR Doc. 96–10170 Filed 4–22–96; 10:43 am]

BILLING CODE 6712–01–P

FEDERAL RESERVE SYSTEM

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 8, 1996.

A. Federal Reserve Bank of Kansas

City (John E. Yorke, Senior Vice

President) 925 Grand Avenue, Kansas

City, Missouri 64198:

1. William and Elsie Giron, Belen,

New Mexico; to acquire an additional

2.15 percent, for a total of 11.7 percent

of the voting shares of The Bank of

Belen, Belen, New Mexico.

Board of Governors of the Federal Reserve

System, April 18, 1996.

Jennifer J. Johnson,

Deputy Secretary of the Board.

[FR Doc. 96–10040 Filed 4–23–96; 8:45 am]

BILLING CODE 6210–01–F

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. 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 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,

including whether the acquisition of the

nonbanking company 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’’

(12 U.S.C. 1843). Any request for

a hearing 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, nonbanking

activities will be conducted throughout

the United States.

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 May 17, 1996.

A. Federal Reserve Bank of New

York (Christopher J. McCurdy, Senior

Vice President) 33 Liberty Street, New

York, New York 10045:

1. Hubco, Inc., Mahwah, New Jersey;

to acquire 100 percent of the voting

shares of Lafayette American Bank and

Trust Company, Bridgeport,

Connecticut.

B. Federal Reserve Bank of Chicago

(James A. Bluemle, Vice President) 230

South LaSalle Street, Chicago, Illinois

60690:

1. Horizon Bancorp Employee Stock

Ownership Plan, Michigan City,

Indiana; to acquire an additional 4.75

percent, for a total of 37.15 percent of

the voting shares of Horizon Bancorp,

Michigan City, Indiana, and thereby

indirectly acquire share of First Citizens

Bank, NA, Michigan City, Indiana.

In connection with this application,

Horizon Bancorp also has applied to

engage de novo in the making and

servicing of loans in order to extend a

loan to the Horizon Bancorp Employee

Stock Ownership Plan, Michigan City,

Indiana, pursuant to § 225.25(b)(1) of

the Board’s Regulation Y. These

activities will be conducted in Michigan

City, Indiana.

Board of Governors of the Federal Reserve

System, April 18, 1996.

Jennifer J. Johnson,

Deputy Secretary of the Board.

[FR Doc. 96–10041 Filed 4–23–96; 8:45 am]

BILLING CODE 6210–01–F

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 that engages

either directly or through a subsidiary or

other company, in a nonbanking activity

that is listed in § 225.25 of Regulation

Y (12 CFR 225.25) 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.

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 on the

question whether the proposal complies

with the standards of section 4 of the

BHC Act, including 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’’

(12 U.S.C. 1843). 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
18146 Federal Register / Vol. 61, No. 80 / Wednesday, April 24, 1996 / Notices

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 May 8, 1996.

A. Federal Reserve Bank of New

York (Christopher J. McCurdy, Senior

Vice President) 33 Liberty Street, New

York, New York 10045:

1. The Bank of Nova Scotia, Toronto,

Ontario, Canada; to engage de novo

through its subsidiary, Scotia Capital

Markets (USA), Inc., New York, New

York, in acting as a broker or agent with

respect to swap and swap-derivative

transactions and instruments; and acting

as an advisor to institutional customers

regarding financial strategies involving

such swap and swap-related

transactions and instruments, pursuant

to The Sumitomo Bank, Limited, 75

Fed. Res. Bull. 582(1989). These

activities will be conducted worldwide.

B. Federal Reserve Bank of St. Louis

(Randall C. Sumner, Vice President) 411

Locust Street, St. Louis, Missouri 63166:

1. Union Planters Corporation,

Memphis, Tennessee; to acquire

Franklin Financial Group, Inc.,

Morristown, Tennessee, and thereby

indirectly acquire Franklin Federal

Savings Bank, Morristown, Tennessee,

and thereby engage in owning,

controlling, and operating a savings

bank, pursuant to § 225.25(b)(9) of the

Board’s Regulation Y; Colonial Loan

Association, Morristown, Tennessee,

and thereby engage in consumer finance

lending activities, pursuant to §

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

Franklin Insurance Group, Inc.,

Morristown, Tennessee, and thereby

engage in the sale, as agent, of insurance

directly related to extensions of credit

by Franklin Federal Savings Bank which

assures the repayment of debt upon the

death, disability or involuntary

unemployment of the debtor, pursuant

to § 225.25(b)(8)(i) of the Board’s

Regulation Y, and in extensions of

consumer finance credit by Colonial

Loan Association which assures the

repayment of debt upon the loss or

damage to collateral, pursuant to §

225.25(b)(8)(ii) of the Board’s Regulation

Y.

Board of Governors of the Federal Reserve

System, April 18, 1996.

Jennifer J. Johnson,

Deputy Secretary of the Board.

[FR Doc. 96–10039 Filed 4–23–96; 8:45 am]

BILLING CODE 6210–01–F

Sunshine Act Meeting

BOARD OF GOVERNORS OF THE FEDERAL

RESERVE SYSTEM

TIME AND DATE: 11:00 a.m., Monday,

April 29, 1996.

PLACE: Marriner S. Eccles Federal

Reserve Board Building, C Street

entrance between 20th and 21st Streets,

NW., Washington, D.C. 20551.

STATUS: CLOSED.

MATTERS TO BE CONSIDERED:

1. Personnel actions (appointments,

promotions, assignments, reassignments, and

salary actions) involving individual Federal

Reserve System employees.

2. Any items carried forward from a

previously announced meeting.

CONTACT PERSON FOR MORE INFORMATION:

Mr. Joseph R. Coyne, Assistant to the

Board; (202) 452–3204. You may call

(202) 452–3207, beginning at

approximately 5 p.m. two business days

before this meeting, for a recorded

announcement of bank and bank

holding company applications

scheduled for the meeting.

Dated: April 19, 1996.

Jennifer J. Johnson,

Deputy Secretary of the Board.

[FR Doc. 96–10166 Filed 4–22–96; 10:05 am]

BILLING CODE 6210–01–P

DEPARTMENT OF HEALTH AND

HUMAN SERVICES

Office of the Secretary

Notice of Interest Rate on Overdue

Debts

Section 30.13 of the Department of

Health and Human Services’ claims

collection regulations (45 CFR Part 30)

provides that the Secretary shall charge

an annual rate of interest as fixed by the

Secretary of the Treasury after taking

into consideration private consumer

rates of interest prevailing on the date

that HHS becomes entitled to recovery.

The rate generally cannot be lower than

the Department of Treasury’s current

value of funds rate or the applicable rate

determined from the ‘‘Schedule of

Certified Interest Rates with Range of

Maturities.’’ This rate may be revised

quarterly by the Secretary of the

Treasury and shall be published

quarterly by the Department of Health

and Human Services in the Federal

Register.

The Secretary of the Treasury has

certified a rate of 135⁄8% for the quarter

ended March 31, 1996. This interest rate

will remain in effect until such time as

the Secretary of the Treasury notifies

HHS of any change.

Dated: April 18, 1996.

George Strader,

Deputy Assistant Secretary, Finance.

[FR Doc. 96–10085 Filed 4–23–96; 8:45 am]

BILLING CODE 4150–04–M

Centers for Disease Control and

Prevention

Board of Scientific Counselors,

National Center for Infectious

Diseases: Meeting

In accordance with section 10(a)(2) of

the Federal Advisory Committee Act

(Pub. L. 92–463), the Centers for Disease

Control and Prevention (CDC)

announces the following committee

meeting.

Name: Board of Scientific Counselors,

National Center for Infectious Diseases

(NCID).

Times and Dates: 10:30 a.m.–5:30 p.m.,

May 9, 1996. 8:30 a.m.–3 p.m., May 10, 1996.

Place: CDC, Auditorium B, 1600 Clifton

Road, NE, Atlanta, Georgia 30333.

Status: Open to the public, limited only by

the space available.

Purpose: The Board of Scientific

Counselors, NCID, provides advice and

guidance to the Director, CDC, and Director,

NCID, in the following areas: program goals

and objectives; strategies; program

organization and resources for infectious

disease prevention and control; and program

priorities.

Matters to be Discussed: The agenda will

focus on:

1. NCID Update.

2. Minority and Women’s Health.

3. National Foundation for the Centers for

Disease Control and Prevention.

4. NCID Fellowship Programs.

5. Emerging Infectious Disease Progress/

Plans.

6. Work Group Sessions: Emerging Infectious

Disease FY 1997.

a. Surveillance and Response.

b. Research.

c. Prevention and Control.

d. Infrastructure.

7. Work Group Reports.

8. Strengthening NCID Pathology Capacity.

9. Review of Laboratory Programs in Division

of Bacterial and Mycotic Diseases and

Hospital Infections Program.

10. Special Pathogens Branch, Division of

Viral and Rickettsial Diseases, Peer

Review.

Other agenda items include

announcements/introductions; follow-up on

actions recommended by the Board

(December 1995); and consideration of future

directions, goals, and recommendations.

Agenda items are subject to change as

priorities dictate.

Written comments are welcome and should

be received by the contact person listed

below prior to the opening of the meeting.