[Federal Register Volume 61, Number 36 (Thursday, February 22, 1996)]
[Notices]
[Page 6839]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-3913]



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FEDERAL RESERVE SYSTEM

First Financial Bancorp, et al.; Notice of Applications to Engage 
de novo in Permissible Nonbanking Activities

    The companies listed in this notice have filed an application under 
Sec.  225.23(a)(1) of the Board's Regulation Y (12 CFR 225.23(a)(1)) 
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 commence or to engage de novo, either directly or 
through a subsidiary, 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 the applications must be 
received at the Reserve Bank indicated or the offices of the Board of 
Governors not later than March 6, 1996.
    A. Federal Reserve Bank of Cleveland (John J. Wixted, Jr., Vice 
President) 1455 East Sixth Street, Cleveland, Ohio 44101:
    1. First Financial Bancorp, Hamilton, Ohio, to engage de novo 
through its subsidiary, First Finance Mortgage Company of Southwestern 
Ohio, Inc., Fairfield, Ohio, in making, acquiring, and servicing loans 
or other extensions of credit directly or for the account of others, 
pursuant to Sec.  225.25(b)(1) of the Board's Regulation Y.
    B. Federal Reserve Bank of Chicago (James A. Bluemle, Vice 
President) 230 South LaSalle Street, Chicago, Illinois 60690:
    1. Heartland Bancshares, Inc., Lenox, Iowa; to engage de novo in 
making and servicing loans, pursuant to Sec.  225.25(b)(1) of the 
Board's Regulation Y.

    Board of Governors of the Federal Reserve System, February 15, 
1996.
Jennifer J. Johnson,
Deputy Secretary of the Board.
[FR Doc. 96-3913 Filed 2-21-96; 8:45 am]
BILLING CODE 6210-01-F