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 § 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 December 22, 2000.
A. Federal Reserve Bank of Philadelphia (Michael E. Collins, Senior Vice President) 100 North 6th Street, Philadelphia, Pennsylvania 19105-1521:
1. PSB Bancorp, Inc., Philadelphia, Pennsylvania; to acquire 13 percent of the voting shares of Jade Financial Corp., Feasterville, Pennsylvania, and thereby indirectly acquire voting shares of IGA Federal Savings Bank, Feasterville, Pennsylvania, and thereby engage in owning, controlling, or operating a savings association, pursuant to § 225.28(b)(4)(ii) of Regulation Y.
B. Federal Reserve Bank of St. Louis (Randall C. Sumner, Vice President) 411 Locust Street, St. Louis, Missouri 63166-2034:
1. Union Planters Corporation, Memphis, Tennessee; to acquire Jefferson Savings Bancorp, Inc., Ballwin, Missouri, and thereby indirectly acquire Jefferson Heritage Bank, Ballwin, Missouri, and thereby engage in operating a savings association, pursuant to § 225.28(b)(4)(ii) of Regulation Y; Jefferson Heritage Mortgage Company, Ballwin, Missouri, and thereby engage in extending credit and servicing loans, pursuant to § 225.28(b)(1) of Regulation Y; Jefferson Financial, Inc., Ballwin, Missouri, and thereby engage in performing trust company functions, pursuant to § 225.28(b)(5) of Regulation Y, and in securities brokerage activities, pursuant to § 225.28(b)(7) of Regulation Y; and Jefferson Financial Corporation, Ballwin, Missouri, and thereby engage in extending credit and servicing loans, pursuant to § 225.28(b)(1) of Regulation Y.Start Signature
Board of Governors of the Federal Reserve System, November 22, 2000.
Robert deV. Frierson,
Associate Secretary of the Board.
[FR Doc. 00-30339 Filed 11-28-00; 8:45 am]
BILLING CODE 6210-01-P