[Federal Register Volume 66, Number 15 (Tuesday, January 23, 2001)]
[Notices]
[Page 7490]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 01-1910]


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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. 00-33398) published on page 
110 of the issue for Tuesday, January 2, 2001.
    Under the Federal Reserve Bank of Cleveland heading, the entry for 
Fifth Third Bancorp, Grand Rapids, Michigan, is revised to read as 
follows:
    A. Federal Reserve Bank of Cleveland (Paul Kaboth, Banking 
Supervision) 1455 East Sixth Street, Cleveland, Ohio 44101-2566:
    1. Fifth Third Bancorp, Cincinnati, Ohio; to form a subsidiary bank 
holding company, Fifth Third Financial, Cincinnati, Ohio (FTF); to 
acquire, indirectly through FTF, 100 percent of the voting shares of 
Old Kent Financial Corporation, Grand Rapids, Michigan, and thereby 
indirectly acquire Old Kent Bank, Grand Rapids, Michigan, and Old Kent 
Bank, N.A., Jonesville, Michigan; and to hold and exercise an option to 
purchase up to 19.9 percent of the outstanding shares of Old Kent 
Financial Corporation's common stock upon the occurrence of certain 
events (this option would expire on consummation of the acquisition).
     In connection with this matter, Fifth Third Bancorp has also given 
notice of its intent to acquire, indirectly through FTF, Old Kent 
Securities Corporation, Grand Rapids, Michigan, and thereby engage in 
permissible financial and investment advisory activities pursuant to Secs.  
225.28(b)(6) and (7) of Regulation Y; Old Kent Financial Life Insurance 
Corporation, Grand Rapids, Michigan, and thereby engage in permissible 
credit related reinsurance activities pursuant to Sec.  225.28(b)(11) 
of Regulation Y; and Gladshire Limited Dividend Housing Association LP; 
Pleasant Prospect Limited Dividend Housing Association LP; Mount Mercy 
Limited Partnership; Grand Rapids Hope II Limited Partnership; Grand 
Rapids Hope Limited Partnership; Michigan Capital Fund For Housing 
Limited Partnership I; Trinity Village II Limited Dividend Housing 
Ass'n LP; Pleasant Prospect II Limited Dividend Housing Ass'n LP; 
Michigan Capital Fund for Housing Limited Partnership II; New Hope 
Homes Limited Dividend Housing Ass'n LP; Hayward-Wells Limited Dividend 
Housing Ass'n LP; Independence Village of Brighton Limited Dividend 
Housing Association LP; CFSB - Eastbrook Apartments Investor, LLC; and 
Eastbrook Apartments Limited Dividend Housing Ass'n LP, and thereby 
engage in permissible community development activities pursuant to 
Sec.  225.28(b)(12) of Regulation Y.
    Comments on this application must be received by January 26, 2001.

    Board of Governors of the Federal Reserve System, January 17, 
2001.
Robert deV. Frierson,
Associate Secretary of the Board.
[FR Doc. 01-1910 Filed 01-22-01; 8:45 am]
BILLING CODE 6210-01-S