[Federal Register Volume 61, Number 44 (Tuesday, March 5, 1996)]
[Notices]
[Page 8626]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-5005]




[[Page 8626]]

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FEDERAL RESERVE SYSTEM

Notice of Proposals to Engage in Permissible Nonbanking 
Activities or the Acquisition of Companies that are Engaged in 
Permissible Nonbanking Activities

    The companies listed in this notice have given notice under section 
4 of the Bank Holding Company Act (12 U.S.C. Sec.  1843) (BHC Act) and 
Regulation      Y, (12 CFR Part 225) to commence or to engage de novo, 
or to acquire or control voting securities or assets of a company that 
engages either directly or through a subsidiary or other company, in a 
nonbanking activity that is listed in Sec.  225.25 of Regulation Y (12 
CFR 225.25) or that the Board has determined by Order to be closely 
related to banking and permissible for bank holding companies. Unless 
otherwise noted, these activities will be conducted throughout the 
United States.
    Each 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 the proposal complies with the 
standards of section 4 of the BHC Act, including 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'' (12 U.S.C. Sec.  1843). 
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 19, 1996.
    A. Federal Reserve Bank of Richmond (Lloyd W. Bostian, Jr., Senior 
Vice President) 701 East Byrd Street, Richmond, Virginia 23261:
    1. NationsBank Corporation, Charlotte, North Carolina; to acquire 
LDI Corporation, Cleveland, Ohio, and thereby engage in leasing 
technology and data processing equipment, telecommunications products, 
and other capital equipment and to engage in commercial finance 
activities, pursuant to Secs.  225.25(b)(5) and (b)(1)(iv) 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. Community Trust Financial Services Corporation, Hiram, Georgia; 
to acquire Community Loan Company, Hiram, Georgia, through its 
subsidiary, Personal Finance Service, Inc., Rossville, Georgia, and 
Rock City Enterprises, Inc., Rockmart, Georgia, and thereby engage in 
consumer finance business, credit insurance, and tax planning and 
preparation services, pursuant to Secs.  225.25(b)(1)(i), 
225.25(b)(8)(ii) and 225.25(b)(21) of the Board's Regulation Y. The 
activities will be conducted throughout the State of Georgia.
    C. Federal Reserve Bank of Chicago (James A. Bluemle, Vice 
President) 230 South LaSalle Street, Chicago, Illinois 60690:
    1. Midstates Bancshares, Inc., Harlan, Iowa; to engage de novo 
through its subsidiary, Midstates Financial Services, Inc., Harlan, 
Iowa, in acting as principal, agent, or broker for credit related 
insurance, pursuant to Sec.  225.25(b)(8)(i) of the Board's Regulation 
Y; and in any insurance agency activity in a place where the bank 
holding company or a subsidiary of the bank holding company has a 
lending office and that has a population not exceeding 5,000, pursuant 
to Sec.  225.25(b)(8)(iii) of the Board's Regulation Y.
    In addition, Applicant also proposes to engage de novo through its 
subsidiary, Midstates Trust and Farm Management, Inc., Harlan, Iowa, in 
trust functions and activities, including activities of a fiduciary, 
agency or custodial nature, pursuant to Sec.  225.255(b)(3) of the 
Board's Regulation Y; and in real estate and personal property 
appraising, pursuant to Sec.  225.25(b)(13) of the Board's Regulation 
Y.
    D. Federal Reserve Bank of Kansas City (John E. Yorke, Senior Vice 
President) 925 Grand Avenue, Kansas City, Missouri 64198:
    1. Texhoma Bancshares, Inc., Texhoma, Oklahoma; to acquire 100 
percent of the nonvoting, nonconvertable preferred shares of Texhoma 
Homes, Inc., Texhoma, Oklahoma, and thereby engage in the development 
of low-to-moderate residential housing, pursuant to Sec.  225.25(b)(6) 
of the Board's Regulation Y.
    Comments regarding this application must be received by March 11, 
1996.

    Board of Governors of the Federal Reserve System, February 28, 
1996.
William W. Wiles,
Secretary of the Board.
[FR Doc. 96-5005 Filed 3-4-96; 8:45 am]
BILLING CODE 6210-01-F