Banks and bank holding companies: Permissible nonbanking activities,

[Federal Register: November 18, 2004 (Volume 69, Number 222)]

[Notices]

[Page 67581]

From the Federal Register Online via GPO Access [wais.access.gpo.gov]

[DOCID:fr18no04-86]

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 http://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 December 2, 2004.

1. Federal Reserve Bank of St. Louis (Randall C. Sumner, Vice President) 411 Locust Street, St. Louis, Missouri 63166-2034:

1. Bancshares of Camden, Inc., Camden, Tennessee; to engage de novo through its subsidiary, BOC Reinsurance Company, Ltd., Crossville, Tennessee, in reinsuring credit life, accident and health insurance, pursuant to section 225.28(b)(11)(i) of Regulation Y.

Board of Governors of the Federal Reserve System, November 12, 2004. Robert deV. Frierson, Deputy Secretary of the Board.

[FR Doc. 04-25531 Filed 11-17-04; 8:45 am]

BILLING CODE 6210-01-S