[Federal Register Volume 69, Number 100 (Monday, May 24, 2004)]
[Notices]
[Page 29538]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 04-11610]


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FEDERAL RESERVE SYSTEM


Formations of, Acquisitions by, and Mergers of Bank Holding 
Companies

    The companies listed in this notice have applied to the Board for 
approval, pursuant to the Bank Holding Company Act of 1956 (12 U.S.C. 
1841 et seq.) (BHC Act), Regulation Y (12 CFR Part 225), and all other 
applicable statutes and regulations to become a bank holding company 
and/or to acquire the assets or the ownership of, control of, or the 
power to vote shares of a bank or bank holding company and all of the 
banks and nonbanking companies owned by the bank holding company, 
including the companies listed below.
    The applications listed below, as well as other related filings 
required by the Board, are available for immediate inspection at the 
Federal Reserve Bank indicated. The application also will be available 
for inspection at the offices of the Board of Governors. Interested 
persons may express their views in writing on the standards enumerated 
in the BHC Act (12 U.S.C. 1842(c)). If the proposal also involves the 
acquisition of a nonbanking company, the review also includes whether 
the acquisition of the nonbanking company complies with the standards 
in section 4 of the BHC Act (12 U.S.C. 1843). Unless otherwise noted, 
nonbanking activities will be conducted throughout the United States. 
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 each of these 
applications must be received at the Reserve Bank indicated or the 
offices of the Board of Governors not later than June 17, 2004.
    A. Federal Reserve Bank of Boston (Richard Walker, Community 
Affairs Officer) 600 Atlantic Avenue, Boston, Massachusetts 02106-2204:
    1. The Royal Bank of Scotland Group plc, The Royal Bank of Scotland 
plc, and RBSG International Holdings Ltd., all of Edinburgh, Scotland 
and Citizens Financial Group, Inc., Providence, Rhode Island; to 
acquire and merge with Charter One Financial, Inc. (Charter One 
Financial) and thereby indirectly acquire Charter One Bank, National 
Association, both of Cleveland, Ohio.
    B. Federal Reserve Bank of Chicago (Patrick Wilder, Assistant Vice 
President) 230 South LaSalle Street, Chicago, Illinois 60690-1414:
    1. Capitol Bancorp, Ltd., Lansing, Michigan, and First California 
Southern Bancorp, Escondido, California, to acquire 51 percent of the 
voting shares of Point Loma Community Bank (in organization), San 
Diego, California.
    C. Federal Reserve Bank of St. Louis (Randall C. Sumner, Vice 
President) 411 Locust Street, St. Louis, Missouri 63166-2034:
    1. Commonwealth Bancshares, Inc., Louisville, Kentucky, to retain 
100 percent of First Security Trust Bank, FSB, Florence, Kentucky, 
which will be renamed First Security Trust Bank, Inc., Florence, 
Kentucky, upon conversion to a state chartered bank.

    Board of Governors of the Federal Reserve System, May 18, 2004.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. 04-11610 Filed 5-21-04; 8:45 am]
BILLING CODE 6210-01-S