[Federal Register Volume 61, Number 16 (Wednesday, January 24, 1996)]
[Notices]
[Pages 1936-1937]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-907]



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[[Page 1937]]



FEDERAL RESERVE SYSTEM

Mercantile Bancorporation, Inc.; Acquisition of Company Engaged 
in Permissible Nonbanking Activities

    The organization listed in this notice has given notice under 
Sec. 225.23(a)(2) or (e) of the Board's Regulation Y (12 CFR 
225.23(a)(2) or (e)) 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.
    The notice is available for immediate 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 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.
    Comments regarding this application must be received not later than 
February 7, 1996.
    A. 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 
Metro Savings Bank, F.S.B., Wood River, Illinois, and thereby engage in 
owning and operating a federal savings bank, pursuant to 
Sec. 225.25(b)(9) of the Board's Regulation Y.

    Board of Governors of the Federal Reserve System, January 18, 
1996.
Jennifer J. Johnson,
Deputy Secretary of the Board.
[FR Doc. 96-907 Filed 1-23-96; 8:45 am]
BILLING CODE 6210-01-F