[Federal Register Volume 65, Number 182 (Tuesday, September 19, 2000)]
[Notices]
[Page 56585]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 00-23968]


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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. Additional information on all 
bank holding companies may be obtained from the National Information 
Center website at www.ffiec.gov/nic/.
    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 October 13, 2000.
    A. Federal Reserve Bank of St. Louis (Randall C. Sumner, Vice 
President) 411 Locust Street, St. Louis, Missouri 63166-2034:
    1. Allegiant Bancorp, Inc., St. Louis, Missouri; to acquire 
Equality Bancorp, Inc., St. Louis, Missouri, thereby indirectly 
acquiring its wholly owned thrift subsidiary, Equality Savings Bank, 
St. Louis, Missouri, and thereby engage in owning and operating a 
savings association, pursuant to Sec. 225.28(b)(4)(ii) of Regulation Y. 
Comments regarding this application must be received not later than 
October 13, 2000.
    B. Federal Reserve Bank of San Francisco (Maria Villanueva, 
Consumer Regulation Group) 101 Market Street, San Francisco, California 
94105-1579:
    1. BYL Bancorp, Orange, California; to engage de novo through its 
subsidiary, CNL Commercial Finance, Inc., Mission Viejo, California, in 
extending credit and servicing loans, pursuant to Sec. 225.28(b)(1) of 
Regulation Y, and activities related to the extension of credit, 
pursuant to Sec. 225.28(b)(2) of Regulation Y.

    Board of Governors of the Federal Reserve System, September 13, 
2000.
Jennifer J. Johnson,
Secretary of the Board.
[FR Doc. 00-23968 Filed 9-18-00; 8:45 am]
BILLING CODE 6210-01-P