[Federal Register Volume 66, Number 56 (Thursday, March 22, 2001)]
[Notices]
[Page 16058]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 01-7145]


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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 April 16, 2001.
    A. Federal Reserve Bank of Cleveland (Paul Kaboth, Banking 
Supervision) 1455 East Sixth Street, Cleveland, Ohio 44101-2566:
    1.Charter One Financial, Inc., Cleveland, Ohio; to acquire Alliance 
Bancorp, Hinsdale, Illinois, and thereby indirectly acquire Liberty 
Federal Bank, Hinsdale, Illinois, and thereby engage in permissible 
savings association activities, pursuant to Sec.  225.28(b)(4)(ii) of 
Regulation Y; Liberty Financial Services, Inc., Hinsdale, Illinois, and 
thereby engage in permissible financial advice and securities brokerage 
activities, pursuant to Sec.  225.28(b)(7)(i) of Regulation Y; LFB 
Operations LLC, and LFB Compliance LLC, both of Hinsdale, Illinois, and 
thereby engage in holding mortgage loans and operating a real estate 
investment trust, pursuant to Secs.  228.25(b)(1) and (4)(ii) of 
Regulation Y; Churchview Limited Partnership, and Kedzie Limited 
Partnership, both of Hinsdale, Illinois, and thereby engage in 
permissible community development activities, pursuant to Secs.  
225.28(b)(4)(ii) and (b)(12) of Regulation Y.

    Board of Governors of the Federal Reserve System, March 19, 
2001.
Robert deV. Frierson
Associate Secretary of the Board.
[FR Doc. 01-7145 Filed 3-21-00; 8:45 am]
BILLING CODE 6210-01-S