[Federal Register Volume 59, Number 247 (Tuesday, December 27, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-31709]


[[Page Unknown]]

[Federal Register: December 27, 1994]


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FEDERAL RESERVE SYSTEM
 

Associated Banc-Corp., et al.; Acquisitions 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 
January 10, 1995.
    A. Federal Reserve Bank of Chicago (James A. Bluemle, Vice 
President) 230 South LaSalle Street, Chicago, Illinois 60690:
    1. Associated Banc-Corp., Green Bay, Wisconsin; to acquire 
Associated Investment Services, Inc., (formerly known as Citizens 
Securities Company) Green Bay, Wisconsin; and thereby indirectly 
acquire Associated Brokerage, Inc., Green Bay, Wisconsin, and 
Associated Financial Center, Ltd., Menomonee Falls, Wisconsin, and 
thereby engage in securities brokerage, including the sale of mutual 
funds, unit investment trusts, and equity and fixed income securities, 
and related securities credit activities, pursuant to Sec.  
225.25(b)(15) of the Board's Regulation Y.
    B. Federal Reserve Bank of Minneapolis (James M. Lyon, Vice 
President) 250 Marquette Avenue, Minneapolis, Minnesota 55480:
    1. Security State Agency of Aitkin, Inc., Aitkin, Minnesota; to 
acquire indirectly certain assets of Norshor Agency, Inc., Grand 
Marais, Minnesota, and thereby engage in general insurance agency 
activities in a town that has a population not exceeding 5,000, 
pursuant to Sec.  225.25(b)(8)(iii) of the Board's Regulation Y.

    Board of Governors of the Federal Reserve System, December 20, 
1994.
Jennifer J. Johnson,
Deputy Secretary of the Board.
[FR Doc. 94-31709 Filed 12-23-94; 8:45 am]
BILLING CODE 6210-01-F