[Federal Register Volume 63, Number 45 (Monday, March 9, 1998)]
[Notices]
[Pages 11446-11447]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-5878]


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FEDERAL RESERVE SYSTEM


Notice of Proposals to Engage in Permissible Nonbanking 
Activities or to Acquire 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. 1843) (BHC Act) and 
Regulation Y, (12 CFR Part 225) to engage de novo, or to acquire or 
control voting securities or assets of a company, including the 
companies listed below, that engages either directly or through a 
subsidiary or other company, in a nonbanking activity that is listed in 
Sec.  225.28 of Regulation Y (12 CFR 225.28) 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 inspection at the Federal Reserve Bank 
indicated. The notice also will 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.
    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 April 2, 1998.
    A. Federal Reserve Bank of New York (Betsy Buttrill White, Senior 
Vice President) 33 Liberty Street, New York, New York 10045-0001:
    1. HUBCO, Inc., Mahway, New Jersey; to acquire MSB Bank, Inc., 
Goshen, New York, and indirectly acquire MSB Bank, Goshen, New York, 
and thereby engage in operating a federally charted savings bank, 
pursuant to Sec.  225.28(b)(4)(ii) of the Board's Regulation Y. MSB 
Bancorp, Inc., will merge with HUBCO, Inc., upon consummation.
    2. North Fork Bancorporation, Inc., Melville, New York; to acquire 
9.9 percent of the voting shares of Long Island Bancorp, Inc., 
Melville, New York, and thereby indirectly acquire

[[Page 11447]]

Long Island Savings Bank F.S.B., Melville, New York, and thereby engage 
in operating a savings and loan association, pursuant to Sec.  
225.28(b)(4) of the Board's Regulation Y.
    B. Federal Reserve Bank of Chicago (Philip Jackson, Applications 
Officer) 230 South LaSalle Street, Chicago, Illinois 60690-1413:
    1. Stichting Prioriteit ABN AMRO Holding, Amsterdam, The 
Netherlands, Stichting Administratiekantoor ABN AMRO Holding, 
Amsterdam, The Netherlands, ABN AMRO Holding N.V., Amsterdam, The 
Netherlands, ABN AMRO Bank N.V., Amsterdam, The Netherlands, and ABN 
AMRO North America, Inc., Chicago, Illinois; to acquire indirectly 
through Integrion Financial Network LLC, Atlanta, Georgia, 15.38 
percent of the voting shares of CheckFree Corporation, Norcross, 
Georgia, and thereby engage in providing data processing and data 
transmission services, pursuant to Sec.  225.28(b)(14) of the Board's 
Regulation Y. Comments regarding this application must be received not 
later than March 24, 1998.

    Board of Governors of the Federal Reserve System, March 3, 1998.
Jennifer J. Johnson,
Deputy Secretary of the Board.
[FR Doc. 98-5878 Filed 3-6-98; 8:45 am]
BILLING CODE 6210-01-F