[Federal Register Volume 63, Number 207 (Tuesday, October 27, 1998)]
[Notices]
[Page 57300]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-28718]


-----------------------------------------------------------------------

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 November 20, 1998.
    A. Federal Reserve Bank of Chicago (Philip Jackson, Applications 
Officer) 230 South LaSalle Street, Chicago, Illinois 60690-1413:
    1. FBOP Corporation, Oak Park, Illinois; to acquire Calumet 
Bancorp, Inc., Dolton, Illinois, and thereby indirectly acquire Calumet 
Federal Savings and Loan Association of Chicago, Chicago, Illinois; 
Calumet Savings Service Corporation, Chicago, Illinois; Calumet 
Financial Corporation, Chicago, Illinois; and Calumet Mortgage 
Corporation of Idaho, Ketchum, Idaho, and thereby engage in operating a 
savings association, pursuant to Sec.  225.28(b)(4) of Regulation Y; in 
providing securities brokerage services, pursuant to Sec.  225.25(b)(7) 
of Regulation Y; and in making and servicing loans, pursuant to Sec.  
225.28(b)(1) of Regulation Y.
    B. Federal Reserve Bank of St. Louis (Randall C. Sumner, Vice 
President) 411 Locust Street, St. Louis, Missouri 63102-2034:
    1. German American Bancorp, Jasper, Indiana; to acquire 1st 
Bancorp, Vincennes, Indiana, and thereby indirectly acquire First 
Federal Bank, A Federal Savings Bank, Vincennes, Indiana, and thereby 
engage in the operation of a thrift, pursuant to Sec.  225.28(b)(4)(ii) 
of Regulation Y.

    Board of Governors of the Federal Reserve System, October 22, 
1998.
Robert deV. Frierson,
Associate Secretary of the Board.
[FR Doc. 98-28718 Filed 10-16-98; 8:45 am]
BILLING CODE 6210-01-F