[Federal Register Volume 60, Number 193 (Thursday, October 5, 1995)]
[Notices]
[Pages 52184-52185]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-24739]



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FEDERAL RESERVE SYSTEM


Banc One 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 October 30, 1995.
    A. Federal Reserve Bank of Cleveland (John J. Wixted, Jr., Vice 
President) 1455 

[[Page 52185]]
East Sixth Street, Cleveland, Ohio 44101:
    1. Banc One Corporation, Columbus, Ohio, and Premier Acquisition 
Corporation, Columbus, Ohio (to be renamed Banc One Louisiana 
Corporation); to merge with Premier Bancorp, Inc., Baton Rouge, 
Louisiana, and thereby indirectly acquire Premier Bank, N.A., Baton 
Rouge, Louisiana.
    In connection with this application, Applicants also have applied 
to acquire Premmier Securities Corporation, Baton Rouge, Louisiana, and 
thereby engage in offering full-service brokerage activities and 
riskless principal activities in the purchase and sales of securities 
for its customers. Banc One received approval from the Board of 
Governors to engage in activities as agent in the private placement of 
all types of securities and acting as ``riskless principal,'' pursuant 
to Board order. See Banc One Corporation, 76 Federal Reserve Bulletin 
756 (1990)); Terre Agency, Inc., Baton Rouge, Louisiana, a wholly-owned 
subsidiary of Premier Bancorp, Inc., Baton Rouge, Louisiana, and 
thereby engage in permissible insurance agency activities, pursuant to 
Sec.  225.25(b)(8)(iv) of the Board's Regulation Y.

    Board of Governors of the Federal Reserve System, September 29, 
1995.
Jennifer J. Johnson,
Deputy Secretary of the Board.
[FR Doc. 95-24739 Filed 10-4-95; 8:45 am]
BILLING CODE 6210-01-F