Notice of Proposals to Engage in Permissible Nonbanking Activities or To Acquire Companies That Are Engaged in Permissable Nonbanking Activities

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Federal RegisterOct 2, 2000
65 Fed. Reg. 58772 (Oct. 2, 2000)

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 Regulations 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 § 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.ffec.gov/nic/.

Unless otherwise noted, comments regarding the application must be received at the Reserve Bank indicated or the offices of the Board of Governors not later than October 26, 2000.

A. Federal Reserve Bank of Cleveland (Paul Kaboth, Banking Supervision) 1455 East Sixth Street, Cleveland, Ohio 44101-2566:

1. Fifth Third Bancorp, Cincinnati, Ohio; to acquire Ottawa Financial Corporation, Holland, Michigan and AmeriBank, Holland, Michigan, and thereby engage in operating a savings association, pursuant to § 225.28(b)(4) of Regulation Y; AmeriBank Mortgage Company, and thereby engage in mortgage loan activities, pursuant to § 225.28(b)(1) of Regulation Y; AmeriPlan Financial Services, Inc., and thereby engage in discount brokerage activities, pursuant to § 225.28(b)(7); and OS Services, Inc., and thereby engage in community development activities, pursuant to § 225.28(b)(12) of Regulation Y.

Board of Governors of the Federal Reserve System, September 26, 2000.

Robert deV. Frierson,

Associate Secretary of the Board.

[FR Doc. 00-25131 Filed 9-29-00; 8:45 am]

BILLING CODE 6210-01-P