[Federal Register Volume 63, Number 124 (Monday, June 29, 1998)]
[Notices]
[Page 35231]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-17253]


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FEDERAL RESERVE SYSTEM


Formations of, Acquisitions by, and Mergers of Bank Holding 
Companies; Correction

    This notice corrects a notice (FR Doc. 98-13790) published on pages 
28385-28386 of the issue for Friday, May 22, 1998.
    Under the Federal Reserve Bank of Richmond heading, the entry for 
NationsBank Corporation and NationsBank (DE) Corporation, both in 
Charlotte, North Carolina (collectively NationsBank), is revised to 
read as follows:
    A. Federal Reserve Bank of Richmond (A. Linwood Gill III, Assistant 
Vice President) 701 East Byrd Street, Richmond, Virginia 23261-4528:
    1. NationsBank Corporation and NationsBank (DE) Corporation, both 
in Charlotte, North Carolina (collectively, NationsBank); to merge with 
BankAmerica Corporation, San Francisco, California (BankAmerica), and 
thereby acquire the following bank subsidiaries of BankAmerica: Bank of 
America National Trust and Savings Association, San Francisco, 
California; Bank of America Texas, National Association, Dallas, Texas; 
Bank of America National Association, Phoenix, Arizona; and Bank of 
America Community Development Bank, Walnut Creek, California. On 
consummation of the proposed transaction, NationsBank would be renamed 
BankAmerica Corporation. NationsBank may form one or more intermediate 
bank holding companies.
    In connection with the proposed transaction, NationsBank has 
provided notice to acquire all of the nonbank subsidiaries of 
BankAmerica and to engage, directly or indirectly through such nonbank 
subsidiaries, in a variety of nonbanking activities that previously 
have been determined to be permissible for bank holding companies. 
NationsBank also would continue to control all of its existing bank and 
nonbank subsidiaries.
    The comment period on this application has been extended. Comments 
on this application must be received by July 9, 1998.

    Board of Governors of the Federal Reserve System, June 24, 1998.
Robert deV. Frierson,
Associate Secretary of the Board.
[FR Doc. 98-17253 Filed 6-26-98; 8:45 am]
BILLING CODE 6210-01-F