Federal Register / Vol. 62, No. 217 / Monday, November 10, 1997 / Notices 60513

Vice President) 100 North 6th Street, Company, Wilmington, Delaware; to sale to (or purchase from) a customer, Philadelphia, Pennsylvania 19105-1521: merge with Harrisburg Bancshares, Inc., subject to the limitations and 1. PSB Bancorp, Inc., Philadelphia, , , and thereby indirectly conditions, pursuant to § 225.28(b)(7)(ii) Pennsylvania; to become a bank holding acquire Harrisburg Bancshares, Inc., of the Board’s Regulation Y, and acting company by acquiring 100 percent of Reno, Nevada, and Harrisburg Bank, as agent for the private placement of the voting shares of Pennsylvania Houston, Texas. securities, pursuant to § 225.28(b)(7)(iii) Savings Bank, Philadelphia, Board of Governors of the Federal Reserve of the Board’s Regulation Y. Pennsylvania. System, November 5, 1997. 2. The Bank of Nova Scotia, Toronto, B. Federal Reserve Bank of Jennifer J. Johnson, Ontario, Canada; to acquire Iron Richmond (A. Linwood Gill III, Deputy Secretary of the Board. Mountain Depository Corporation, New Assistant Vice President) 701 East Byrd York, New York, and thereby engage in [FR Doc. 97–29643 Filed 11–7–97; 8:45 am] Street, Richmond, Virginia 23261-4528: buying, selling and storing bars, rounds, 1. Eastern Virginia Bankshares, Inc., BILLING CODE 6210±01±F bullion, and coins of gold, silver Tappahannock, Virginia; to become a platinum, palladium, copper, and any bank holding company by acquiring 100 FEDERAL RESERVE SYSTEM other metal approved by the Board, for percent of the voting shares of company’s own account and the Southside Bank, Tappahannock, Notice of Proposals To Engage in account of others, and providing Virginia, and Bank of Northumberland, Permissible Nonbanking Activities or incidential services such as arranging Incorporated, Heathsville, Virginia. To Acquire Companies That are for storage, safe custody, assaying, and C. Federal Reserve Bank of Atlanta Engaged in Permissible Nonbanking shipment, pursuant to § 225.28(b)(8)(iii) (Lois Berthaume, Vice President) 104 Activities of the Board’s Regulation Y. Marietta Street, N.W., Atlanta, Georgia The companies listed in this notice Board of Governors of the Federal Reserve 30303-2713: System, November 4, 1997. 1. Citizens Bancshares Corporation, have given notice under section 4 of the Atlanta, Georgia; to become a bank Bank Holding Company Act (12 U.S.C. Jennifer J. Johnson, holding company by acquiring 100 1843) (BHC Act) and Regulation Y, (12 Deputy Secretary of the Board. percent of the voting shares of First CFR Part 225) to engage de novo, or to [FR Doc. 97–29517 Filed 11–7–97; 8:45 am] Southern Bancshares, Inc., Lithonia, acquire or control voting securities or BILLING CODE 6210±01±F Georgia, and thereby indirectly acquire assets of a company that engages either First Southern Bank, Lithonia, Georgia. directly or through a subsidiary or other D. Federal Reserve Bank of company, in a nonbanking activity that FEDERAL RESERVE SYSTEM (Philip Jackson, Applications Officer) is listed in § 225.28 of Regulation Y (12 [Docket No. R±0986] 230 South LaSalle Street, Chicago, CFR 225.28) or that the Board has 60690-1413: determined by Order to be closely Federal Reserve Bank Services 1. FBOP Corporation, Oak Park, related to banking and permissible for AGENCY: Illinois; to acquire 50 percent of the bank holding companies. Unless Board of Governors of the voting shares of P.N.B. Financial otherwise noted, these activities will be Federal Reserve System. Corporation, Chicago, Illinois, and conducted throughout the United States. ACTION: Notice. Each notice is available for inspection thereby indirectly acquire Park National SUMMARY: The Board has approved a at the Federal Reserve Bank indicated. Bank and Trust of Chicago, Chicago, Private Sector Adjustment Factor The notice also will be available for Illinois. (PSAF) for 1998 of $108.5 million, as inspection at the offices of the Board of 2. First of Waverly Corporation, well as the fee schedules for Federal Governors. Interested persons may Waverly, Iowa; to acquire 100 percent of Reserve priced services and electronic express their views in writing on the the voting shares of Schrage, Ltd., connections. These actions were taken question whether the proposal complies Plainfield, Iowa, and thereby indirectly in accordance with the requirements of with the standards of section 4 of the acquire Farmers State Bank, Plainfield, the Monetary Control Act of 1980, BHC Act. Iowa. which requires that, over the long run, 3. Heartland Bancshares, Inc., Lenox, Unless otherwise noted, comments fees for Federal Reserve priced services Iowa; to acquire 50 percent of the voting regarding the applications must be be established on the basis of all direct shares of Union Bank of , N.A., received at the Reserve Bank indicated and indirect costs, including the PSAF. Gilbert, Arizona (in organization). or the offices of the Board of Governors E. Federal Reserve Bank of not later than November 24, 1997. DATES: The PSAF and the fee schedules Minneapolis (Karen L. Grandstrand, A. Federal Reserve Bank of New become effective on January 2, 1998. Vice President) 250 Marquette Avenue, York (Betsy Buttrill White, Senior Vice FOR FURTHER INFORMATION CONTACT: For Minneapolis, Minnesota 55480-2171: President) 33 Liberty Street, New York, questions regarding the Private Sector 1. Norwest Corporation, Minneapolis, New York 10045-0001: Adjustment Factor: Martha Stallard, Minnesota; to acquire 100 percent of the 1. National Bank of Canada, Senior Accountant, (202/452–3758), voting shares of Fidelity Bancshares, Montreal, Quebec, Canada; to acquire Division of Reserve Bank Operations Inc., Fort Worth, Texas, and thereby NBC Levesque International Ltd., and Payment Systems; For questions indirectly acquire Fidelity Montreal, Quebec, Canada, and thereby regarding the fee schedules: Jeff Bancorporation, Inc., Dover, Delaware, engage in buying and selling in the Yeganeh, Senior Financial Services and Fidelity Bank & Trust, N.A., Fort secondary market all types of securities Analyst, Check Payments, (202/728– Worth, Texas. on the order of a customer as a ‘‘riskless 5801); Riaz Ahmed, Financial Services F. Federal Reserve Bank of Dallas principal’’ to the extent of engaging in Analyst, ACH Payments, (202/452– (Genie D. Short, Vice President) 2200 transactions in which the company, 3959); Stephen Cohen, Financial North Pearl Street, Dallas, Texas 75201- after receiving an order to buy (or sell) Services Analyst, Funds Transfer and 2272: a security from a customer, purchases Book-Entry Securities Services, (202/ 1. Cullen/Frost Bankers, Inc., San (or sells) the security for its own 452–3480); Anne Paulin, Senior Antonio, Texas, and New Galveston account to offset a contemporaneous Information Technology Analyst