35734 Federal Register / Vol. 61, No. 131 / Monday, July 8, 1996 / Notices

a bank holding company by acquiring

100 percent of the voting shares of

Richmond Savings Bank, SSB,

Rockingham, North Carolina.

2. F & M National Corporation,

Winchester, Virginia; to merge with

Allegiance Banc Corporation, Bethesda,

Maryland, and thereby indirectly

acquire Allegiance Bank, NA, Bethesda,

Maryland.

B. Federal Reserve Bank of Atlanta

(Zane R. Kelley, Vice President) 104

Marietta Street, N.W., Atlanta, Georgia

30303:

1. Alabama National BanCorporation,

Birmingham, Alabama; to merge with

FIRSTBANC Holding Company, Inc.,

Robertsdale, Alabama, and thereby

indirectly acquire First Bank of Baldwin

County, Robertsdale, Alabama.

C. Federal Reserve Bank of Chicago

(James A. Bluemle, Vice President) 230

South LaSalle Street, Chicago, Illinois

60690:

1. Lewis Family Partners, L.P., Morris,

Illinois; to become a bank holding

company by acquiring 19.82 percent of

the voting shares of Illinois Valley

Bancorp, Inc., Morris, Illinois, and

thereby indirectly acquire Grundy

County National Bank, Morris, Illinois.

D. Federal Reserve Bank of St. Louis

(Randall C. Sumner, Vice President) 411

Locust Street, St. Louis, Missouri 63166:

1. Mercantile Bancorporation Inc., St.

Louis, Missouri; to acquire 100 percent

of the voting shares of Peoples State

Bank, Topeka, Kansas, and Mercantile

Bank of Shawnee County, Topeka,

Kansas, a de novo bank.

E. Federal Reserve Bank of

Minneapolis (James M. Lyon, Vice

President) 250 Marquette Avenue,

Minneapolis, Minnesota 55480:

1. The Ringsmuth Family Limited

Partnership, Wakefield, Michigan; to

become a bank holding company by

acquiring 83.8 percent of the voting

shares of Wakefield Bancorporation,

Inc., Wakefield, Michigan, and thereby

indirectly acquire First National Bank of

Wakefield, Wakefield, Michigan.

Board of Governors of the Federal Reserve

System, July 1, 1996.

Jennifer J. Johnson,

Deputy Secretary of the Board.

[FR Doc. 96–17246 Filed 7–5–96; 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

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 July 22, 1996.

A. Federal Reserve Bank of San

Francisco (Kenneth R. Binning,

Director, Bank Holding Company) 101

Market Street, San Francisco, California

94105:

1. Capital Corp of the West, Merced,

California; to engage through its newly

formed subsidiary Capital West Group,

Inc., Merced, California, in furnishing

general economic information and

advice, general economic statistical

forecasting services and industry

studies, pursuant to § 225.25(b)(4)(iv) of

the Board’s Regulation Y, and in

providing advice, including rendering

fairness opinions and providing

valuation services, in connection with

mergers, acquisitions, divestitures, joint

ventures, leveraged buyouts,

recapitalizations, capital structurings,

and financing transactions (including

private and public financing and loan

syndications); and conducting financial

feasibility studies, pursuant to §

225.25(b)(4)(vi) of the Board’s

Regulation Y. These activities, currently

limited in geographic scope, will be

expanded to nationwide.

In connection with this application

Capital Corp of the West, Merced,

California, also has applied to engage de

novo through its subsidiary Capital West

Group, Inc., Merced, California, in

providing management consulting

advice to nonaffiliated financial

institutions, and will include, but is not

limited to, providing services associated

with assisting with organizational

planning; assisting with strategic

planning and assessments; business

plan implementation and monitoring;

presenting Board of Director education

programs; and facilitating Board of

Directors and management retreats,

pursuant to § 225.25(b)(11) of the

Board’s Regulation Y.

Board of Governors of the Federal Reserve

System, July 1, 1996.

Jennifer J. Johnson,

Deputy Secretary of the Board.

[FR Doc. 96–17245 Filed 7–5–96; 8:45 am]

BILLING CODE 6210–01–F

Consumer Advisory Council;

Solicitation of Nominations for

Membership

AGENCY: Board of Governors of the

Federal Reserve System.

ACTION: Notice.

SUMMARY: The Board is inviting the

public to nominate qualified individuals

for appointment to its Consumer

Advisory Council, whose membership

represents consumer and community

interests and the financial services

industry. Eight new members will be

selected for three-year terms that will

begin in January 1997. The Board

expects to announce the selection of

new members by year-end 1996.

DATES: Nominations should be received

by August 31, 1996.

ADDRESSES: Nominations should be

submitted in writing to Dolores S.

Smith, Associate Director, Division of

Consumer and Community Affairs,

Board of Governors of the Federal

Reserve System, Washington, D.C.

20551.

FOR FURTHER INFORMATION CONTACT:

Deanna Aday-Keller, Secretary to the

Council, Division of Consumer and

Community Affairs, (202) 452–6470. For

Telecommunications Device for the Deaf

(TTD) users only: Dorothea Thompson,

(202) 452–3544, Board of Governors of