[Federal Register Volume 68, Number 189 (Tuesday, September 30, 2003)]
[Notices]
[Pages 56293-56294]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-24631]


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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 14, 2003.
    A. Federal Reserve Bank of New York (Jay Bernstein, Bank 
Supervision Officer) 33 Liberty Street, New York, New York 10045-0001:
    1. Credit Agricole S.A., and SAS Rue la Boetie, both of Paris 
France; to retain the voting shares of Credit Lyonnais, Paris, France, 
and thereby control the U.S. nonbanking subsidiaries of Credit Lyonnais 
and engage in making, acquiring, brokering, or servicing loans or other 
extensions of credit pursuant to section 225.28(b)(1) of Regulation Y; 
leasing personal or real property or acting as agent, broker or adviser 
in leasing of such property pursuant to section 225.28(b)(3) of 
Regulation Y;

[[Page 56294]]

acting as investment or financial advisory to any person pursuant to 
section 225.28(b)(6) of Regulation Y; acting as a futures commission 
merchant pursuant to section 225.28(b)(7)(iv) of Regulation Y.
    B. Federal Reserve Bank of Kansas City (James Hunter, Assistant 
Vice President) 925 Grand Avenue, Kansas City, Missouri 64198-0001:
    1. First Centralia Bancshares, Inc., Centralia, Kansas; to acquire 
up to 41.34 percent of FBC Financial Corporation, and thereby 
indirectly acquire 1st Bank Oklahoma, both of Claremore, Oklahoma, and 
thereby engage in operating a savings association, pursuant to section 
225.28(b)(4)(ii) of Regulation Y. Comments regarding this application 
must be received at the Reserve Bank indicated or the offices of the 
Board of Governors not later than October 24, 2003.
    2. Morrill Bancshares, Inc., Merriam, Kansas; to acquire up to 
41.34 percent of FBC Financial Corporation, and thereby indirectly 
acquire 1st Bank Oklahoma, both of Claremore, Oklahoma, and thereby 
engage in operating a savings association, pursuant to section 
225.28(b)(4)(ii) of Regulation Y. Comments regarding this application 
must be received at the Reserve Bank indicated or the offices of the 
Board of Governors not later than October 24, 2003.
    3. Davis Bancorporation, Inc., Davis, Oklahoma; to acquire up to 
13.78 percent of FBC Financial Corporation, and thereby indirectly 
acquire 1st Bank Oklahoma, both of Claremore, Oklahoma, and thereby 
engage in operating a savings association, pursuant to section 
225.28(b)(4)(ii) of Regulation Y. Comments regarding this application 
must be received at the Reserve Bank indicated or the offices of the 
Board of Governors not later than October 24, 2003.

    Board of Governors of the Federal Reserve System, September 24, 
2003.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc.03-24631 Filed 9-29-03; 8:45 am]
BILLING CODE 6210-01-S