Federal Register / Vol. 63, No. 216 / Monday, November 9, 1998 / Notices 60347 activities will be conducted throughout assets of a company, including the SUPPLEMENTARY INFORMATION: You may the United States. companies listed below, that engages call 202–452–3206 beginning at Unless otherwise noted, comments either directly or through a subsidiary or approximately 5 p.m. two business days regarding each of these applications other company, in a nonbanking activity before the meeting for a recorded must be received at the Reserve Bank that is listed in § 225.28 of Regulation announcement of bank and bank indicated or the offices of the Board of Y (12 CFR 225.28) or that the Board has holding company applications Governors not later than December 3, determined by Order to be closely scheduled for the meeting; or you may 1998. related to banking and permissible for contact the Board’s Web site at http:// A. Federal Reserve Bank of bank holding companies. Unless www.federalreserve.gov for an Philadelphia (Michael E. Collins, Senior otherwise noted, these activities will be electronic announcement that not only Vice President) 100 North 6th Street, conducted throughout the United States. lists applications, but also indicates Philadelphia, Pennsylvania 19105-1521: Each notice is available for inspection procedural and other information about 1. Sun Bancorp, Vineland, New at the Federal Reserve Bank indicated. the meeting. Jersey; to acquire 100 percent of the The notice also will be available for Dated: November 5, 1998. voting shares of Sun National Bank, inspection at the offices of the Board of Robert deV. Frierson, Delaware, Wilmington, Pennsylvania. Governors. Interested persons may Associate Secretary of the Board. B. Federal Reserve Bank of Cleveland express their views in writing on the [FR Doc. 98–30065 Filed 11–5–98; 11:37 am] (Paul Kaboth, Banking Supervisor) 1455 question whether the proposal complies East Sixth Street, Cleveland, Ohio with the standards of section 4 of the BILLING CODE 6210±01±P 44101-2566: BHC Act. 1. Fifth Third Bancorp, Cincinnati, Unless otherwise noted, comments Ohio; to merge with Ashland regarding the applications must be FEDERAL TRADE COMMISSION Bankshares, Inc., Ashland, Kentucky, received at the Reserve Bank indicated [File No. 9810254] and thereby indirectly acquire Bank of or the offices of the Board of Governors Ashland, Inc., Ashland, Kentucky. not later than November 23, 1998. Koninklijke Ahold NV, et al.; Analysis C. Federal Reserve Bank of A. Federal Reserve Bank of San to Aid Public Comment Richmond (A. Linwood Gill III, Francisco (Maria Villanueva, Manager Assistant Vice President) 701 East Byrd of Analytical Support, Consumer AGENCY: Federal Trade Commission. Street, Richmond, Virginia 23261-4528: Regulation Group) 101 Market Street, ACTION: Proposed Consent Agreement. 1. Union Bankshares Corporation, , California 94105-1579: Bowling Green, Virginia; to acquire 100 1. Norwest Corporation, , SUMMARY: The consent agreement in this percent of the voting shares of The Bank ; Norwest Financial Services, matter settles alleged violations of of Williamsburg, Williamsburg, Virginia Inc., Des Moines, ; and Norwest federal law prohibiting unfair or (in organization). Financial, Inc., Des Moines, Iowa; to deceptive acts or practices or unfair D. Federal Reserve Bank of San acquire Mid-Penn Consumer Discount methods of competition. The attached Francisco (Maria Villanueva, Manager Co., Philadelphia, Pennsylvania, and Analysis to Aid Public Comment of Analytical Support, Consumer thereby engage in lending activities, describes both the allegations in the Regulation Group) 101 Market Street, pursuant to § 225.28(b)(1) of Regulation draft complaint that accompanies the San Francisco, California 94105-1579: Y. consent agreement and the terms of the 1. Norwest Corporation, Minneapolis, consent order—embodied in the consent Board of Governors of the Federal Reserve agreement—that would settle these Minnesota; Norwest Financial Services, System, November 3, 1998. Inc., Des Moines, Iowa; and Norwest allegations. Robert deV. Frierson, Financial, Inc., Des Moines, Iowa; to DATES: Associate Secretary of the Board. Comments must be received on convert Dial National Bank, Des Moines, or before January 8, 1999. [FR Doc. 98–29894 Filed 11–6–98; 8:45 am] Iowa, which currently operates as a ADDRESSES: BILLING CODE 6210±01±F Comments should be credit card bank, pursuant to § 4(c)(8) of directed to: FTC/Office of the Secretary, the Bank Holding Company Act. Room 159, 6th St. and Pa. Ave., N.W., Board of Governors of the Federal Reserve FEDERAL RESERVE SYSTEM Washington, D.C. 20580. System, November 3, 1998. FOR FURTHER INFORMATION CONTACT: Robert deV. Frierson, Sunshine Act Meeting William Baer or James Fishkin, FTC/H– Associate Secretary of the Board. TIME AND DATE: 9:00 a.m., Thursday, 374, Washington, D.C. 20580. (202) 326– [FR Doc. 98–29895 Filed 11–6–98; 8:45 am] November 12, 1998. 2932 or 326–2663. BILLING CODE 6210±01±F PLACE: Marriner S. Eccles Federal SUPPLEMENTARY INFORMATION: Pursuant Reserve Board Building, 20th and C to Section 6(f) of the Federal Trade Commission Act, 38 Stat. 721, 15 U.S.C. FEDERAL RESERVE SYSTEM Streets, N.W., Washington, D.C. 20551. STATUS: Closed. 46 and Section 2.34 of the Commission’s Rules of Practice (16 CFR 2.34), notice Notice of Proposals to Engage in MATTERS TO BE CONSIDERED: is hereby given that the above-captioned Permissible Nonbanking Activities or 1. Personnel actions (appointments, to Acquire Companies that are consent agreement containing a consent promotions, assignments, order to cease and desist, having been Engaged in Permissible Nonbanking reassignments, and salary actions) Activities filed with and accepted, subject to final involving individual Federal Reserve approval, by the Commission, has been The companies listed in this notice System employees. placed on the public record for a period have given notice under section 4 of the 2. Any matters carried forward from a of sixty (60) days. The following Bank Holding Company Act (12 U.S.C. previously announced meeting. Analysis to Aid Public Comment 1843) (BHC Act) and Regulation Y, (12 CONTACT PERSON FOR MORE INFORMATION: describes the terms of the consent CFR Part 225) to engage de novo, or to Lynn S. Fox, Assistant to the Board; agreement, and the allegations in the acquire or control voting securities or 202–452–3204. complaint. An electronic copy of the