[Federal Register: November 1, 2005 (Volume 70, Number 210)] [Notices] [Page 65900] From the Federal Register Online via GPO Access [wais.access.gpo.gov] [DOCID:fr01no05-55] ----------------------------------------------------------------------- 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. Additional information on all bank holding companies may be obtained from the National Information Center Web site at http://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 November 16, 2005. A. Federal Reserve Bank of Atlanta (Andre Anderson, Vice President) 1000 Peachtree Street, NE., Atlanta, Georgia 30303: 1. Cornerstone Bancshares, Inc., and EFI Acquisition, Inc., both of Chattanooga, Tennessee, to acquire voting shares of Eagle Financial, LLC and Eagle Funding, LLC, both of Chattanooga, Tennessee, and thereby engage in providing factoring services to small business and services as a loan broker serving as a facilitator to small businesses, pursuant to section 225.28(b)(1) of Regulation Y. Board of Governors of the Federal Reserve System, October 27, 2005. Robert deV. Frierson, Deputy Secretary of the Board. [FR Doc. E5-6025 Filed 10-31-05; 8:45 am] BILLING CODE 6210-01-S