On Monday, February 12, 2001, at 11:00 a.m., a meeting of the Board of Governors of the Federal Reserve System was held under expedited procedures, as set forth in section 26lb.7 of the Board's Rules Regarding Public Observation of Meetings, at the Board's offices at 20th and C Streets, N.W., Washington, D.C., to consider the following matters of official Board business.
Meeting date: February 12, 2001
Matters Considered: |
Exemption(s) |
1. |
Application by MetLife, Inc., New York, New York, to become a bank holding company through the acquistion of Grand Bank, N.A., Kingston, New Jersey.
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8 |
2. |
Application by Firstar Corporation, Milwaukee, Wisconsin, to merge with U.S. Bancorp, Minneapolis, Minnesota, and thereby acquire U.S. Bancorp's subsidiary banks, including U.S. Bank National Association, Minneapolis, Minnesota.
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8 |
3. |
Application by FleetBoston Financial Corporation, Boston, Massachusetts, to merge with Summit Bancorp., Princeton, New Jersey, and to acquire Summit's subsidiary banks, and notification to acquire Summit International Trade Finance Corp., Princeton, New Jersey.
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8 |
4. |
Application by Lea M. McMullan Trust and its subsidiary, Citizens Union Bancorp of Shelbyville, both in Shelbyville, Kentucky, to acquire Dupont State Bank, Dupont, Indiana.
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8 |
5. |
Review and determination by the Board of Governors of the rates of discount to be charged by Federal Reserve Banks.
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9(A)(i) |
Effective February 12, 2001, the meeting was closed to public observation by Order of the Board of Governors1 because the matters fall under exemption(s) 8, 9(A)(i) of the Government in the Sunshine Act (5 U.S.C. Section 552b(c)), and it was determined that the public interest did not require opening the meeting.
Contact Person for More Information: Lynn S. Fox, Assistant to the Board;
202-452-3204.
Supplementary Information: This meeting notice, which is available in the Board's Freedom of Information and Public Affairs Offices, is also available electronically at http://www.federalreserve.gov on the Board's Web site. (The Web site also includes procedural and other information about the closed meeting.)
Dated: February 12, 2001
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