[Federal Register: August 4, 2005 (Volume 70, Number 149)]
[Notices]               
[Page 44924-44925]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr04au05-42]                         

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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 August 29, 2005.
    A. Federal Reserve Bank of Minneapolis (Jacqueline G. King, 
Community Affairs Officer) 90 Hennepin Avenue, Minneapolis, Minnesota 
55480-0291:
    1. Carlson Bankshares, Inc., Comfrey, Minnesota; to operate a 
savings association through the conversion of

[[Page 44925]]

Peoples State Bank of Comfrey, Comfrey, Minnesota, to a federal savings 
bank, to be known as Choice Financial Savings Bank, Comfrey, Minnesota, 
pursuant to section 225.28(b)(4)(ii) of Regulation Y.
    2. Choice Financial Holdings, Inc., Grafton, North Dakota to 
operate a savings association through the conversion of Peoples State 
Bank of Comfrey, Comfrey, Minnesota, to a federal savings bank, to be 
known as Choice Financial Savings Bank, Comfrey, Minnesota, pursuant to 
section 225.28(b)(4)(ii) of Regulation Y.

    Board of Governors of the Federal Reserve System, July 29, 2005.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. 05-15381 Filed 8-3-05; 8:45 am]

BILLING CODE 6210-01-S