Federal Register: December 31, 2003 (Volume 68, Number 250)
DOCID: FR Doc 03-31996
FEDERAL RESERVE SYSTEM
Federal Reserve System
NOTICE: NOTICES
ACTION: Banks and bank holding companies:
SUBJECT CATEGORY:
Notices of Proposals to Engage in Permissible Nonbanking Activities or to Acquire Companies that are Engaged in Permissible Nonbanking Activities; Correction
DOCUMENT SUMMARY:
This notice corrects a notice (FR Doc. 0330951) published on page 70015 of the issue for Tuesday, December 16, 2003.
Under the Federal Reserve Bank of Richmond heading, the entry for Southern Financial Bancorp, Inc., Warrenton, Virginia, is revised to read as follows:
[[Page 75567]]
A. Federal Reserve Bank of Richmond (A. Linwood Gill, III, Vice President) 701 East Byrd Street, Richmond, Virginia 232614528:
1. Southern Financial Bancorp., Inc., Warrenton, Virginia; to acquire 100 percent of the voting shares of Essex Bancorp, Inc., Norfolk, Virginia, and thereby indirectly acquire Essex Savings Bank, F.S.B., Norfolk, Virginia, and thereby engage in operating a savings association, pursuant to section 225.28(b)(4)(ii) of Regulation Y.
In connection with this application, Applicant also has applied to acquire 24.9 percent of the voting shares of LoanCare Servicing Center, Inc., Norfolk, Virginia, and thereby engage in extending credit and servicing loans, pursuant to section 225.28(b)(1) of Regulation Y, and in collection agency services, pursuant to section 225.28(b)(2)(iv) of Regulation Y.
Comments on this application must be received by January 9, 2004.
Board of Governors of the Federal Reserve System, December 22, 2003.
Jennifer J. Johnson,
Secretary of the Board.
[FR Doc. 0331996 Filed 123003; 8:45 am]
BILLING CODE 621001S
SUMMARY:
Permissible nonbanking activities,
DOCUMENT BODY 2:
This notice corrects a notice (FR Doc. 0330951) published on page 70015 of the issue for Tuesday, December 16, 2003.
Under the Federal Reserve Bank of Richmond heading, the entry for Southern Financial Bancorp, Inc., Warrenton, Virginia, is revised to read as follows:
[[Page 75567]]
A. Federal Reserve Bank of Richmond (A. Linwood Gill, III, Vice President) 701 East Byrd Street, Richmond, Virginia 232614528:
1. Southern Financial Bancorp., Inc., Warrenton, Virginia; to acquire 100 percent of the voting shares of Essex Bancorp, Inc., Norfolk, Virginia, and thereby indirectly acquire Essex Savings Bank, F.S.B., Norfolk, Virginia, and thereby engage in operating a savings association, pursuant to section 225.28(b)(4)(ii) of Regulation Y.
In connection with this application, Applicant also has applied to acquire 24.9 percent of the voting shares of LoanCare Servicing Center, Inc., Norfolk, Virginia, and thereby engage in extending credit and servicing loans, pursuant to section 225.28(b)(1) of Regulation Y, and in collection agency services, pursuant to section 225.28(b)(2)(iv) of Regulation Y.
Comments on this application must be received by January 9, 2004.
Board of Governors of the Federal Reserve System, December 22, 2003.
Jennifer J. Johnson,
Secretary of the Board.
[FR Doc. 0331996 Filed 123003; 8:45 am]
BILLING CODE 621001S