[Federal Register Volume 62, Number 34 (Thursday, February 20, 1997)]
[Notices]
[Pages 7783-7784]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-4154]
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FEDERAL RESERVE SYSTEM
Formations of, Acquisitions by, and Mergers of Bank Holding
Companies
The companies listed in this notice have applied to the Board for
approval, pursuant to the Bank Holding Company Act of 1956 (12 U.S.C.
1841 et seq.) (BHC Act), Regulation Y (12 CFR Part 225), and all other
applicable statutes and regulations to become a bank holding company
and/or to acquire the assets or the ownership of, control of, or the
power to vote shares of a bank or bank holding company and all of the
banks and nonbanking companies owned by the bank holding company,
including the companies listed below.
The applications listed below, as well as other related filings
required by the Board, 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 standards enumerated in the BHC Act (12 U.S.C.
1842(c)). If the proposal also involves the acquisition of a nonbanking
company, the review also includes whether the acquisition of the
nonbanking company complies with the standards in section 4 of the BHC
Act. Unless otherwise noted, nonbanking activities will be conducted
throughout the United States.
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 March 14, 1997.
A. Federal Reserve Bank of New York (Christopher J. McCurdy, Senior
Vice President) 33 Liberty Street, New York, New York 10045-0001:
1. The Bank of New York Company, Inc., New York, New York; to
acquire 9.9 percent of the voting shares of State Street Boston
Corporation, Boston, Massachusetts, and thereby indirectly acquire
State Street Bank and Trust Company, Boston, Massachusetts.
In connection with this application, Applicant also has applied to
acquire State Street Boston Securities Services Corp., Boston,
Massachusetts, and thereby indirectly acquire Investors Fiduciary Trust
Company, Kansas City, Missouri, and thereby engage in performing
functions or activities that may be performed by a trust company,
pursuant to Sec. 225.25(b)(3) of the Board's Regulation Y; State
Street Global Advisors, Inc., Dover, Delaware, and thereby indirectly
acquire State Street Global Advisors, United Kingdom Limited, London,
England, State Street Unit Trust Management Limited, London, England,
and Boston Esquiserve, L.P., Canton, Massachusetts, and thereby engage
in acting as an investment or financial advisor, pursuant to Secs.
226.25(b)(4)(ii) and (b)(4)(iii) of the Board's Regulation Y; Boston
Financial Data Services, North Quincy, Massachusetts, and thereby
indirectly acquire National Financial Data Services, Kansas City,
Missouri, CFDS Limited, Toronto, Ontario, Canada, CFDS Investors
Services Limited, Toronto, Ontario, Canada, European Financial Data
Services, Luxembourg, Princeton Financial Systems, Princeton, New
Jersey, Bridge Financial Systems, Inc., St. Louis, Missouri, and Dunai
Financial Services PTY Limited, Melbourne, Australia, and thereby
engage in data processing activities, pursuant to Sec. 225.25(b)(7) of
the Board's Regulation Y. These activities will be conducted worldwide.
B. Federal Reserve Bank of Atlanta (Lois Berthaume, Vice President)
104 Marietta Street, N.W., Atlanta, Georgia 30303-2713:
1. 1st United Bancorp, Boca Raton, Florida; to acquire 100 percent
of the voting shares of Island National Bank and Trust Company, Palm
Beach, Florida.
C. Federal Reserve Bank of Minneapolis (Karen L. Grandstrand, Vice
President) 250 Marquette Avenue, Minneapolis, Minnesota 55480-2171:
1. TCF Financial Corporation, Minneapolis Minnesota; to become a
bank holding company by acquiring 100 percent of the voting shares of
TCF National Bank Minnesota, Minneapolis, Minnesota, a de novo bank;
TCF National Bank Illinois, Chicago, Illinois, a de novo bank; TCF
National Bank
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Wisconsin, Milwaukee Wisconsin, a de novo bank; Great Lakes National
Bank Michigan, Ann Arbor, Michigan, a de novo bank; Great Lakes
National Bank Ohio, Hamilton, Ohio, a de novo bank; TCF Colorado
Corporation, Englewood, Colorado, a bank holding company; by acquiring
TCF National Bank Colorado, Englewood, Colorado, a de novo bank.
In connection with this application, Applicant also has applied to
acquire TCF Securities, Inc., St. Paul, Minnesota, and thereby engage
in offering securities brokerage services involving mutual funds shares
and related investment advisory activities, pursuant to Secs. 225.25
(b)(4) and (b)(15) of the Board's Regulation Y.
In addition to this application, TCF Colorado Corporation,
Englewood, Colorado, also has applied to become a bank holding company
by acquiring 100 percent of the voting shares of TCF National Bank
Colorado, Englewood, Colorado, a de novo bank.
D. Federal Reserve Bank of Dallas (Genie D. Short, Vice President)
2200 North Pearl Street, Dallas, Texas 75201-2272:
1. ANB Bancshares, Inc., Gonzales, Texas, and ANB Nevada Group,
Inc., Carson City, Nevada; to become bank holding companies by
acquiring 100 percent of the voting shares of American National Bank,
Gonzales, Texas.
Board of Governors of the Federal Reserve System, February 13,
1997.
Jennifer J. Johnson,
Deputy Secretary of the Board.
[FR Doc. 97-4154 Filed 2-19-97; 8:45 am]
BILLING CODE 6210-01-F