[Federal Register: May 27, 1999 (Volume 64, Number 102)]
[Notices]               
[Page 28820-28821]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr27my99-72]

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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

[[Page 28821]]

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 June 14, 1999.
    A. Federal Reserve Bank of San Francisco (Maria Villanueva, Manager 
of Analytical Support, Consumer Regulation Group) 101 Market Street, 
San Francisco, California 94105-1579:
    1. Bay View Capital Corporation, San Mateo, California; to acquire 
Franchise Mortgage Acceptance Company, Los Angeles, California, and 
thereby engage in extending credit and servicing loans, pursuant to 
Sec.  225.28(b)(1) of Regulation Y; activities related to extending 
credit, pursuant to Sec.  225.28(b)(2) of Regulation Y; and leasing 
personal or real property, pursuant to Sec.  225.28(b)(3) of Regulation 
Y.

    Board of Governors of the Federal Reserve System, May 24, 1999.
Robert deV. Frierson,
Associate Secretary of the Board.
[FR Doc. 99-13547 Filed 5-26-99; 8:45 am]
BILLING CODE 6210-01-F