Notice of Proposals To Engage in or To Acquire Companies Engaged in Permissible Nonbanking Activities, 285 [2011-33699]

Download as PDF Federal Register / Vol. 77, No. 2 / Wednesday, January 4, 2012 / Notices Reserve Bank indicated. The notices also will be available for inspection at the offices of the Board of Governors. Interested persons may express their views in writing to the Reserve Bank indicated for that notice or to the offices of the Board of Governors. Comments must be received not later than January 18, 2012. A. Federal Reserve Bank of Minneapolis (Jacqueline G. King, Community Affairs Officer) 90 Hennepin Avenue, Minneapolis, Minnesota 55480–0291: 1. Gladys E. Youse Trust and Madolyn Y. Babcock both of Minneapolis, Minnesota, to acquire additional shares of Metro North Bancshares, Inc. and thereby indirectly acquire control of The Bank of Elk River, both of Elk River, Minnesota. Additionally, The Gladys E. Youse Trust, and its trustee, Madolyn Y. Babcock, propose to join the Babcock family shareholder group, which controls 25% or more of Metro North Bancshares, Inc. Board of Governors of the Federal Reserve System, December 28, 2011. Robert deV. Frierson, Deputy Secretary of the Board. [FR Doc. 2011–33697 Filed 1–3–12; 8:45 am] BILLING CODE 6210–01–P noted, nonbanking activities will be conducted throughout the United States. 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 January 27, 2012. A. Federal Reserve Bank of Richmond (Adam M. Drimer, Assistant Vice President) 701 East Byrd Street, Richmond, Virginia 23261–4528: 1. First Financial Holdings, Inc., Charleston, South Carolina, to become a bank holding company upon the conversion of First Federal Savings and Loan Association, Charleston, South Carolina, to a state chartered commercial bank. In connection with this application, First Financial Holdings, Inc., Charleston, South Carolina has also applied to acquire First Federal Savings and Loan Association, Charleston, South Carolina and thereby engage in financial and investment activities and agency transactional services for customer investments. Board of Governors of the Federal Reserve System, December 28, 2011. Robert deV. Frierson, Deputy Secretary of the Board. [FR Doc. 2011–33698 Filed 1–3–12; 8:45 am] BILLING CODE 6210–01–P Formations of, Acquisitions by, and Mergers of Bank Holding Companies wreier-aviles on DSK3TPTVN1PROD with NOTICES FEDERAL RESERVE SYSTEM FEDERAL RESERVE SYSTEM 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 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 VerDate Mar<15>2010 14:53 Jan 03, 2012 Jkt 226001 Notice of Proposals To Engage in or To Acquire Companies 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 § 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. PO 00000 Frm 00026 Fmt 4703 Sfmt 4703 285 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 January 18, 2012. A. Federal Reserve Bank of Dallas (E. Ann Worthy, Vice President) 2200 North Pearl Street, Dallas, Texas 75201– 2272: 1. Triumph Consolidated Cos., LLC, Dallas, Texas, to engage de novo through the establishment of Triumph CRA Holdings, LLC, Dallas, Texas, as a nonbanking subsidiary in lending activities and community development, pursuant to section 225.28(b)(1) of Regulation Y. Board of Governors of the Federal Reserve System, December 28, 2011. Robert deV. Frierson, Deputy Secretary of the Board. [FR Doc. 2011–33699 Filed 1–3–12; 8:45 am] BILLING CODE 6210–01–P FEDERAL RESERVE SYSTEM Notice of Proposals To Engage in or To Acquire Companies 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 § 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. 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 January 18, 2012. A. Federal Reserve Bank of St. Louis (Glenda Wilson, Community Affairs Officer), P.O. Box 442, St. Louis, Missouri 63166–2034: 1. First Arkansas BancShares, Inc., Jacksonville, Arkansas, to acquire 20 percent of the voting shares of FAS E:\FR\FM\04JAN1.SGM 04JAN1

Agencies

[Federal Register Volume 77, Number 2 (Wednesday, January 4, 2012)]
[Notices]
[Page 285]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2011-33699]


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FEDERAL RESERVE SYSTEM


Notice of Proposals To Engage in or To Acquire Companies 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.  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.
    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 January 18, 2012.
    A. Federal Reserve Bank of Dallas (E. Ann Worthy, Vice President) 
2200 North Pearl Street, Dallas, Texas 75201-2272:
    1. Triumph Consolidated Cos., LLC, Dallas, Texas, to engage de novo 
through the establishment of Triumph CRA Holdings, LLC, Dallas, Texas, 
as a nonbanking subsidiary in lending activities and community 
development, pursuant to section 225.28(b)(1) of Regulation Y.

    Board of Governors of the Federal Reserve System, December 28, 
2011.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. 2011-33699 Filed 1-3-12; 8:45 am]
BILLING CODE 6210-01-P
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