[Federal Register: May 10, 1999 (Volume 64, Number 89)] [Notices] [Page 25042] From the Federal Register Online via GPO Access [wais.access.gpo.gov] [DOCID:fr10my99-75] ----------------------------------------------------------------------- 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. 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. 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 May 24, 1999. A. Federal Reserve Bank of Cleveland (Paul Kaboth, Banking Supervisor) 1455 East Sixth Street, Cleveland, Ohio 44101-2566: 1. Sky Financial Group, Inc., Bowling Green, Ohio; to acquire Wood Bancorp, Inc., Bowling Green, Ohio, and thereby indirectly acquire First Federal Bank, FSB, Bowling Green, Ohio, and thereby engage in permissible savings and loan activities, pursuant to Sec. 225.28(b)(4)(ii) of Regulation Y. Comments regarding this application must be received by June 3, 1999. B. Federal Reserve Bank of St. Louis (Randall C. Sumner, Vice President) 411 Locust Street, St. Louis, Missouri 63102-2034: 1. Commonwealth Bancshares, Inc., Shelbyville, Kentucky; to engage de novo through its subsidiary, First Security Trust Bank, F.S.B. Florence, Kentucky (in organization), in operating a federal savings bank, pursuant to Sec. 225.28(b)(4)(ii). Comments regarding this application must be received by June 3, 1999. Board of Governors of the Federal Reserve System, May 4, 1999. Robert deV. Frierson, Associate Secretary of the Board. [FR Doc. 99-11589 Filed 5-7-99; 8:45 am] BILLING CODE 6210-01-F