Banks and bank holding companies: Permissible nonbanking activities,

[Federal Register: May 14, 2002 (Volume 67, Number 93)]

[Notices]

[Page 34454-34455]

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

[DOCID:fr14my02-61]

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

[[Page 34455]]

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 May 29, 2002.

  1. Federal Reserve Bank of Richmond (A. Linwood Gill, III, Vice President) 701 East Byrd Street, Richmond, Virginia 23261-4528:

    1. First Mariner Bancorp, Baltimore, Maryland; to engage de novo through its subsidiary, Finance Maryland, LLC, Baltimore, Maryland, in lending and credit-related insurance activities, pursuant to Secs. 225.28(b)(1) and (b)(11)(i) of Regulation Y.

  2. Federal Reserve Bank of Kansas City (Susan Zubradt, Assistant Vice President) 925 Grand Avenue, Kansas City, Missouri 64198-0001:

    1. First Community Bancshares, Inc., Overland Park, Kansas; to engage de novo in management consulting and financial advisory activities, pursuant to Secs. 225.28(b)(6)(iii) and (b)(9)(i)(A) of Regulation Y.

    Board of Governors of the Federal Reserve System, May 9, 2002. Robert deV. Frierson, Deputy Secretary of the Board.

    [FR Doc.02-12018Filed5-13-02; 8:45 am]

    BILLING CODE 6210-01-S

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