[Federal Register Volume 60, Number 52 (Friday, March 17, 1995)]
[Notices]
[Pages 14433-14434]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-6619]



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FEDERAL RESERVE SYSTEM


National City Corporation, et al.; Formations of, Acquisitions 
by, and Mergers of Bank Holding Companies; and Acquisitions of 
Nonbanking Companies

    The companies listed in this notice have applied under Sec.  225.14 
of the Board's Regulation Y (12 CFR 225.14) for the Board's approval 
under section 3 of the Bank Holding Company Act (12 U.S.C. 1842) to 
become a bank holding company or to acquire voting securities of a bank 
or bank holding company. The listed companies have also applied under 
Sec.  225.23(a)(2) of Regulation Y (12 CFR 225.23(a)(2)) 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, or to engage in such an activity. Unless otherwise 
noted, these activities will be conducted throughout the United States.
    The applications 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 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 or the 
offices of the Board of Governors not later than April 3, 1995.
    A. Federal Reserve Bank of Cleveland (John J. Wixted, Jr., Vice 
President) 1455 East Sixth Street, Cleveland, Ohio 
44101: [[Page 14434]] 
    1. National City Corporation, Cleveland, Ohio; to merge with United 
Bancorp of Kentucky, Inc., Lexington, Kentucky, and thereby indirectly 
acquire The First State Bank and Trust Company, Manchester, Kentucky; 
The London Bank & Trust Company, London, Kentucky; Bank of Danville and 
Trust Company, Danville, Kentucky; The First National Bank and Trust 
Company, Nicholasville, Kentucky; Richmond Bank and Trust Company, 
Richmond, Kentucky, and First National Bank & Trust Company of Woodford 
County, Versailles, Kentucky.
    In connection with this application, Applicant also has applied to 
acquire American Fidelity Bank, FSB, Harian, Kentucky, and thereby 
engage in operating a savings association, pursuant to Sec.  
225.25(b)(9) of the Board's Regulation Y.
    B. Federal Reserve Bank of Atlanta (Zane R. Kelley, Vice President) 
104 Marietta Street, N.W., Atlanta, Georgia 30303:
    1. First National Bancorp, Gainesville, Georgia; to acquire FF 
Bancorp, Inc., New Smyrna Beach, Florida, and Key Bancshares, Inc., 
Tampa, Florida, and thereby indirectly acquire The Key Bank of Florida, 
Tampa, Florida.
    In connection with this application, Applicant also has applied to 
acquire First Federal Savings Bank of New Smyrna, New Smyrna Beach, 
Florida, and First Federal Savings Bank of Citrus County, Inverness, 
Florida, and thereby engage in operating savings associations, pursuant 
to Sec.  225.25(b)(9) of the Board's Regulation Y. The proposed 
activity will be conducted throughout the state of Florida.

    Board of Governors of the Federal Reserve System, March 13, 
1995.
Jennifer J. Johnson,
Deputy Secretary of the Board.
[FR Doc. 95-6619 Filed 3-16-95; 8:45 am]
BILLING CODE 6210-01-F