CONCORD EFS INC
SC 13G, 1996-10-10
FUNCTIONS RELATED TO DEPOSITORY BANKING, NEC
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<PAGE>   1
CUSIP NO.  18682C100                  13D                 PAGE  2  OF  7  PAGES
         ----------------------                                ----   ----
- --------------------------------------------------------------------------------
 1  NAME OF REPORTING PERSON
    S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

           CONCORD EFS, INC.   IRS# 04-2462252
- --------------------------------------------------------------------------------
 2  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
   
                                                                       (a)  / /
                                                                       (b)  / /

- --------------------------------------------------------------------------------
 3  SEC USE ONLY


- --------------------------------------------------------------------------------
 4  SOURCE OF FUND**                    

            FF  

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 5  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS AS REQUIRED PURSUANT TO ITEMS
    2(d) or 2(e).
                                                                            / /

- --------------------------------------------------------------------------------
 6  CITIZENSHIP OR PLACE OF ORGANIZATION

             USA

- --------------------------------------------------------------------------------
                   7  SOLE VOTING POWER
    NUMBER OF                   
                      3,072,762, subject to the disclaimer contained in Item 5.
     SHARES       --------------------------------------------------------------
                   8  SHARED VOTING POWER
  BENEFICIALLY 
                              0, subject to the disclaimer contained in Item 5.
    OWNED BY      --------------------------------------------------------------
                   9  SOLE DISPOSITIVE POWER
      EACH        
                     10,880,205, subject to the disclaimer contained in Item 5.
   REPORTING      --------------------------------------------------------------
     PERSON       10  SHARED DISPOSITIVE POWER
               
      WITH                    0, subject to the disclaimer contained in Item 5.
               
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11  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
                 
      10,880,205, subject to the disclaimer contained in Item 5.
- --------------------------------------------------------------------------------
12  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*

                                                                            / /

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13  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

         19.2%    

- --------------------------------------------------------------------------------
14  TYPE OF REPORTING PERSON*
          
         IN

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