On Wednesday, March 16, 2005, at 11:30 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: March 16, 2005
Matters Considered: |
Exemption(s) |
1. |
Application under Section 3(a)(3) of the Bank Holding Company Act by Citigroup Inc., New York, New York, to acquire First American Bank, SSB, Bryan, Texas, immediately upon its conversion to a national bank.
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Effective March 16, 2005, tthe meeting was closed to public observation by Order of the Board of Governors1 because the matters fall under exemption(s) 8 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.
For more information please contact: Michelle Smith, Director, Office of Board Members at 202-452-2955.
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: March 16, 2005
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