[Federal Register Volume 65, Number 119 (Tuesday, June 20, 2000)]
[Notices]
[Pages 38280-38281]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 00-15526]


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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

[[Page 38281]]

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 July 5, 2000.
    A. Federal Reserve Bank of San Francisco (Maria Villanueva, 
Consumer Regulation Group) 101 Market Street, San Francisco, California 
94105-1579:
    1. CB Bancshares, Inc., Honolulu, Hawaii; to acquire Citibank 
Properties, Inc., Honolulu, Hawaii, and thereby holding and acquiring 
commercial and residential mortgage loans and mortgage backed 
securities, pursuant to Section 225.28(b)(1) of Regulation Y.

    Board of Governors of the Federal Reserve System, June 15, 2000.
Robert deV. Frierson,
Associate Secretary of the Board.
[FR Doc. 00-15526 Filed 6-19-00; 8:45 am]
BILLING CODE 6210-01-P