Notice of Proposals to Engage in Permissible Nonbanking Activities or to Acquire Companies that are Engaged in Permissible Nonbanking Activities, 67939 [E7-23274]

Download as PDF Federal Register / Vol. 72, No. 231 / Monday, December 3, 2007 / Notices the power to vote shares of a bank or bank holding company and all of the banks and nonbanking companies owned by the bank holding company, including the companies listed below. The applications listed below, as well as other related filings required by the Board, are available for immediate inspection at the Federal Reserve Bank indicated. The application also will be available for inspection at the offices of the Board of Governors. Interested persons may express their views in writing on the standards enumerated in the BHC Act (12 U.S.C. 1842(c)). If the proposal also involves the acquisition of a nonbanking company, the review also includes whether the acquisition of the nonbanking company complies with the standards in section 4 of the BHC Act (12 U.S.C. 1843). Unless otherwise noted, nonbanking activities will be conducted throughout the United States. Additional information on all bank holding companies may be obtained from the National Information Center website at www.ffiec.gov/nic/. Unless otherwise noted, comments regarding each of these applications must be received at the Reserve Bank indicated or the offices of the Board of Governors not later than December 27, 2007. A. Federal Reserve Bank of St. Louis (Glenda Wilson, Community Affairs Officer) 411 Locust Street, St. Louis, Missouri 63166–2034: 1. Farmers & Merchants Bankshares, Inc., Stuttgart, Arkansas; to acquire 100 percent of the voting shares of Perry County Bancshares, Inc., and thereby indirectly acquire voting shares of Chart Bank, both of Perryville, Arkansas. Board of Governors of the Federal Reserve System, November 27, 2007. Jennifer J. Johnson, Secretary of the Board. [FR Doc. E7–23273 Filed 11–30–07; 8:45 am] BILLING CODE 6210–01–S FEDERAL RESERVE SYSTEM owned by the bank holding company, including the companies listed below. The applications listed below, as well as other related filings required by the Board, are available for immediate inspection at the Federal Reserve Bank indicated. The application also will be available for inspection at the offices of the Board of Governors. Interested persons may express their views in writing on the standards enumerated in the BHC Act (12 U.S.C. 1842(c)). If the proposal also involves the acquisition of a nonbanking company, the review also includes whether the acquisition of the nonbanking company complies with the standards in section 4 of the BHC Act (12 U.S.C. 1843). Unless otherwise noted, nonbanking activities will be conducted throughout the United States. Additional information on all bank holding companies may be obtained from the National Information Center website at www.ffiec.gov/nic/. Unless otherwise noted, comments regarding each of these applications must be received at the Reserve Bank indicated or the offices of the Board of Governors not later than December 28, 2007. A. Federal Reserve Bank of Atlanta (David Tatum, Vice President) 1000 Peachtree Street, N.E., Atlanta, Georgia 30309: 1. Satilla Bankcorp, Inc., to become a bank holding company by acquiring 100 percent of the voting shares of Satilla Community Bank, both of St. Marys, Georgia. B. Federal Reserve Bank of Minneapolis (Jacqueline G. King, Community Affairs Officer) 90 Hennepin Avenue, Minneapolis, Minnesota 55480–0291: 1. Highland Bancshares, Saint Michael, Minnesota; to acquire 100 percent of the voting shares of Ridgedale State Bank, Minnetonka, Minnesota. Board of Governors of the Federal Reserve System, November 28, 2007. Robert deV. Frierson, Deputy Secretary of the Board. [FR Doc. E7–23341 Filed 11–30–07; 8:45 am] mstockstill on PROD1PC66 with NOTICES Formations of, Acquisitions by, and Mergers of Bank Holding Companies BILLING CODE 6210–01–S The companies listed in this notice have applied to the Board for approval, pursuant to the Bank Holding Company Act of 1956 (12 U.S.C. 1841 et seq.) (BHC Act), Regulation Y (12 CFR Part 225), and all other applicable statutes and regulations to become a bank holding company and/or to acquire the assets or the ownership of, control of, or the power to vote shares of a bank or bank holding company and all of the banks and nonbanking companies FEDERAL RESERVE SYSTEM VerDate Aug<31>2005 16:17 Nov 30, 2007 Jkt 214001 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 PO 00000 Frm 00059 Fmt 4703 Sfmt 4703 67939 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 § 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 website at 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 December 17, 2007. A. Federal Reserve Bank of Chicago (Burl Thornton, Assistant Vice President) 230 South LaSalle Street, Chicago, Illinois 60690–1414: 1. Bridgeview Bancorp, Inc., Bridgeview, Illinois; to engage de novo in extending credit and servicing loans, pursuant to section 225.28(b)(1) of Regulation Y. B. Federal Reserve Bank of San Francisco (Tracy Basinger, Director, Regional and Community Bank Group) 101 Market Street, San Francisco, California 94105–1579: 1. NHB Holdings, Inc., and Proficio Mortgage Ventures, LLC, both of Jacksonville, Florida; to engage de novo through a joint venture with NRI Mortgage Solutions, Buffalo Grove, Illinois, in conducting mortgage banking activities, pursuant to section 225.28(b)(1) of Regulation Y. 2. Mitsubishi UFJ Financial Group, Inc., Tokyo, Japan; to indirectly acquire up to 100 percent of Diamond Lease (U.S.A.), Inc., New York, New York, and thereby engage in the leasing of personal or real property, pursuant to section 225.28(b)(3) of Regulation Y. Board of Governors of the Federal Reserve System, November 27, 2007. Jennifer J. Johnson, Secretary of the Board. [FR Doc. E7–23274 Filed 11–30–07; 8:45 am] BILLING CODE 6210–01–S E:\FR\FM\03DEN1.SGM 03DEN1

Agencies

[Federal Register Volume 72, Number 231 (Monday, December 3, 2007)]
[Notices]
[Page 67939]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E7-23274]


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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. [thinsp]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 website at 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 December 17, 2007.
    A. Federal Reserve Bank of Chicago (Burl Thornton, Assistant Vice 
President) 230 South LaSalle Street, Chicago, Illinois 60690-1414:
    1. Bridgeview Bancorp, Inc., Bridgeview, Illinois; to engage de 
novo in extending credit and servicing loans, pursuant to section 
225.28(b)(1) of Regulation Y.
    B. Federal Reserve Bank of San Francisco (Tracy Basinger, Director, 
Regional and Community Bank Group) 101 Market Street, San Francisco, 
California 94105-1579:
    1. NHB Holdings, Inc., and Proficio Mortgage Ventures, LLC, both of 
Jacksonville, Florida; to engage de novo through a joint venture with 
NRI Mortgage Solutions, Buffalo Grove, Illinois, in conducting mortgage 
banking activities, pursuant to section 225.28(b)(1) of Regulation Y.
    2. Mitsubishi UFJ Financial Group, Inc., Tokyo, Japan; to 
indirectly acquire up to 100 percent of Diamond Lease (U.S.A.), Inc., 
New York, New York, and thereby engage in the leasing of personal or 
real property, pursuant to section 225.28(b)(3) of Regulation Y.

    Board of Governors of the Federal Reserve System, November 27, 
2007.
Jennifer J. Johnson,
Secretary of the Board.
[FR Doc. E7-23274 Filed 11-30-07; 8:45 am]
BILLING CODE 6210-01-S