Orders Issued Under International Banking Act - Banco BBA-Creditanstalt S.A. to open representative office in New York, New York - Statistical Data Included

Federal Reserve Bulletin,  July, 1999  

• E-mail
• Print
• Link

APPLICATIONS APPROVED UNDER BANK MERGER ACT

By the Secretary of the Board

Recent applications have been approved by the Secretary of the Board as listed below. Copies are available upon request to the Freedom of Information Office, Office of the Secretary, Board of Governors of the Federal Reserve System, Washington, D.C. 20551.

Applicant(s)             Bank(s)                   Effective Date

Central Savings Bank,    North Country Bank &      May 7, 1999
  Sault Ste. Made,         Trust,
  Michigan                 Manistique, Michigan
First Security Bank of   Comstock Bank,            May 14, 1999
  Nevada,                Reno, Nevada
  Salt Lake City, Utah   Nevada Banking Company,
First Security           Stateline, Nevada
  Corporation,
  Salt Lake City, Utah

By Federal Reserve Banks

Recent applications have been approved by the Federal Reserve Banks as listed below. Copies are available upon request to the Reserve Banks.

Applicant(s)                  Bank(s)

BANKFIRST,                    Minnesota BANKFIRST,
  Sioux Falls, South Dakota     Minneapolis, Minnesota
The Eaton Bank,               World Savings Bank, FSB,
  Eaton, Colorado               Oakland, California
FCNB Bank,                    First Bank of Frederick,
  Frederick, Maryland           Frederick, Maryland
Minster Bank,                 MSB Interim Bank,
  Minster, Ohio                 Minster, Ohio
Summit Bank,                  Prime Bank,
  Bethlehem, Pennsylvania       Philadelphia, Pennsylvania

Applicant(s)                  Reserve Bank   Effective Date

BANKFIRST,                    Minneapolis    May 12, 1999
  Sioux Falls, South Dakota
The Eaton Bank,               Kansas City    May 19, 1999
  Eaton, Colorado
FCNB Bank,                    Richmond       May 19, 1999
  Frederick, Maryland
Minster Bank,                 Cleveland      May 6, 1999
  Minster, Ohio
Summit Bank,                  Philadelphia   May 17, 1999
  Bethlehem, Pennsylvania

PENDING CASES INVOLVING THE BOARD OF GOVERNORS

This list of pending cases does not include suits against the Federal Reserve Banks in which the Board of Governors is not named a party.

Sedgwick v. Board of Governors, No. Civ 99 0702 (D. Arizona, filed April 14, 1999). Action under Federal Tort Claims Act alleging violation of bank supervision requirements.

Hunter v. Board of Governors, No. 1:98CV02994 (TFH) (D.D.C., filed December 9, 1998). Action under the Freedom of Information Act and the Privacy Act.

Folstad v. Board of Governors, No. 1:99 CV 124 (W.D. Mich., filed February 17, 1999). Freedom of Information Act complaint. On March 23, 1999, the Board filed a motion to dismiss or for summary judgment.

Nelson v. Greenspan, No. 1:99CV00215 (EGS) (D.D.C., filed January 28, 1999). Employment discrimination complaint. On March 29, 1999, the Board filed a motion to dismiss the action.

Fraternal Order of Police v. Board of Governors, No. 1:98CV03116 (D. D.C., filed December 22, 1998). Declaratory judgment action challenging Board labor practices. On February 26, 1999, the Board filed a motion to dismiss the action.