[Federal Register: September 16, 2008 (Volume 73, Number 180)]
[Notices]               
[Page 53425-53426]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr16se08-49]                         

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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.

[[Page 53426]]

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 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 October 1, 2008.
    A. Federal Reserve Bank of New York (Anne MacEwen, Bank 
Applications Officer) 33 Liberty Street, New York, New York 10045-0001:
    1. EuroBancshares, Inc., to engage de novo through its subsidiary, 
EUBK Securities, Inc. (in formation), both of San Juan, Puerto Rico, in 
securities brokerage, riskless principal transactions, and other 
transactional services, pursuant to sections 225.28(b)(7)(i), (ii) and 
(v) of Regulation Y.
    B. Federal Reserve Bank of Atlanta (Steve Foley, Vice President) 
1000 Peachtree Street, N.E., Atlanta, Georgia 30309:
    1. Commerce Bancshares Inc., Franklin, Tennessee, to engage de novo 
in management consulting activities, pursuant to section 
225.28(b)(9)(ii) of Regulation Y.
    C. Federal Reserve Bank of Kansas City (Todd Offenbacker, Assistant 
Vice President) 1 Memorial Drive, Kansas City, Missouri 64198-0001:
    1. CLC Enterprises, Inc., Nelson, Nebraska, to engage de novo in 
lending activities, pursuant to section 225.28(b)(1) of Regulation Y.

    Board of Governors of the Federal Reserve System, September 11, 
2008.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. E8-21593 Filed 9-15-08; 8:45 am]

BILLING CODE 6210-01-S