[Federal Register: May 27, 2004 (Volume 69, Number 103)]
[Notices]
[Page 30294]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr27my04-59]
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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 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 June 10, 2004.
A. Federal Reserve Bank of Chicago (Patrick Wilder, Assistant Vice
President) 230 South LaSalle Street, Chicago, Illinois 60690-1414:
1. Marshall &Ilsley Corporation, Milwaukee, Wisconsin; to acquire
indirectly through its wholly-owned subsidiary, Metavante Corporation,
100 percent of the voting shares of NYCE Corporation, Montvale, New
Jersey, and thereby indirectly acquire Everlink Payment Services, Inc.,
a majority-owned subsidiary of NYCE operating in Canada, and therefore
engage in certain data processing activities abroad, pursuant to
section 225.28(b)(14)(i) of Regulation Y.
2. Marshall & Ilsley Corporation, Milwaukee, Wisconsin; to acquire
indirectly through its wholly-owned subsidiary, Metavante Corporation,
100 percent of the voting shares of Advanced Financial Solutions, Inc.,
and thereby indirectly acquire all of the limited liability company
interests of CheckClear L.L.C., and Medical Banking Exchange L.L.C.,
all located in Oklahoma City, Oklahoma, and thereby engage in certain
data processing activities, pursuant to section 225.28(b)(14)(i) of
Regulation Y.
B. Federal Reserve Bank of Cleveland (Nadine W. Wallman, Assistant
Vice President) 1455 East Sixth Street, Cleveland, Ohio 44101-2566:
1. Wesbanco, Inc., and WOCC, Inc., both of Wheeling, West Virginia;
to acquire Western Ohio Financial Corporation, and thereby indirectly
acquire Cornerstone Bank, both of Springfield, Ohio, and thereby engage
in operating a savings association, pursuant to section
225.28(b)(4)(ii) of Regulation Y. Comments on this application must be
received by June 21, 2004.
Board of Governors of the Federal Reserve System, May 21, 2004.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. 04-11969 Filed 5-26-04; 8:45 am]
BILLING CODE 6210-01-S