[Federal Register Volume 64, Number 111 (Thursday, June 10, 1999)]
[Notices]
[Pages 31223-31224]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-14785]


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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

[[Page 31224]]

or the offices of the Board of Governors not later than June 25, 1999.
    A. Federal Reserve Bank of Dallas (W. Arthur Tribble, Vice 
President) 2200 North Pearl Street, Dallas, Texas 75201-2272:
    1. Independent Bankers Financial Corp., Irving, Texas, and 
Community Financial Services, Inc., Atlanta, Georgia; to engage  de 
novo through their subsidiary, Internet Banking Communications, LLC, 
Atlanta, Georgia, in the development and marketing of software products 
and related services to financial institutions, Sec.  225.28(b)(14) of 
Regulation Y.

    Board of Governors of the Federal Reserve System, June 7, 1999.
Robert deV. Frierson,
Associate Secretary of the Board.
[FR Doc. 99-14785 Filed 6-9-99; 8:45 am]
BILLING CODE 6210-01-F