Source: https://www.federalregister.gov/documents/2000/05/15/00-12060/notice-of-proposals-to-engage-in-permissible-nonbanking-activities-or-to-acquire-companies-that-are
Timestamp: 2017-09-24 23:42:58
Document Index: 318809830

Matched Legal Cases: ['art 225', '§\u2009225', '§\u2009225', '§\u2009225', '§\u2009225', '§\u2009225']

00-12060
https://www.federalregister.gov/d/00-12060 https://www.federalregister.gov/d/00-12060
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, including the companies listed below, that engages Start Printed Page 30991either directly or through a subsidiary or other company, in a nonbanking activity that is listed in § 225.28 of Regulation Y (12 CFR 225.28) 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.
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 30, 2000.
1. First State Bancshares, Inc., Middlesboro, Kentucky; to acquire LexBanc Corporation, Lexington, Kentucky, and thereby indirectly acquire Lexington Bank, FSB, Lexington, Kentucky, and thereby engage in permissible savings association activities, pursuant to § 225.28(b)(4) of Regulation Y. Comments regarding this application must be received not later than June 8, 2000.
1. Area Bancshares Corporation, Owensboro, Kentucky; to acquire Area Trust Company, and thereby engage in the operation of a trust company, pursuant to § 225.28(b)(5) of Regulation Y.
2. Lima Bancshares, Inc., Lima, Illinois; to retain voting shares of East Dubuque Bancshares, Inc., East Dubuque, Illinois, and its subsidiary, East Dubuque Savings Bank, East Dubuque, Illinois, and thereby engage in operating a savings association, pursuant to § 225.28(b)(4) of Regulation Y. Comments regarding this application must be received not later than June 8, 2000.
3. Summit Bancorp, Inc., Arkadelphia, Arkansas; to engage de novo through its subsidiary, Summit Residential Services, Inc., Arkadelphia, Arkansas, in community development activities, pursuant to § 225.28(b)(12) of Regulation Y.
Board of Governors of the Federal Reserve System, May 9, 2000.
[FR Doc. 00-12060 Filed 5-12-00; 8:45 am]