Formations of, Acquisitions by, and Mergers of Bank Holding Companies, 3774 [2012-1524]

Agencies

• FEDERAL RESERVE SYSTEM

[Federal Register Volume 77, Number 16 (Wednesday, January 25, 2012)]
[Notices]
[Page 3774]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2012-1524]


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FEDERAL RESERVE SYSTEM


Formations of, Acquisitions by, and Mergers of Bank Holding 
Companies

    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 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 February 21, 2012.
    A. Federal Reserve Bank of Richmond (Adam M. Drimer, Assistant Vice 
President) 701 East Byrd Street, Richmond, Virginia 23261-4528:
    1. Sandy Spring Bancorp., Inc., Olney, Maryland; to merge with 
Commerce First Bancorp, Inc., and thereby indirectly acquire 100 
percent of the voting shares of CommerceFirst Bank, both in Annapolis, 
Maryland.
    B. Federal Reserve Bank of St. Louis (Glenda Wilson, Community 
Affairs Officer) P.O. Box 442, St. Louis, Missouri 63166-2034:
    1. River Valley Bancorp, Madison, Indiana; to become a bank holding 
company by acquiring Dupont State Bank, Dupont, Indiana. River Valley 
Financial Bank, Madison, Indiana, the existing thrift subsidiary of 
Applicant, will merge with Dupont State Bank, Dupont, Indiana, as part 
of the transaction.
    C. Federal Reserve Bank of Minneapolis (Jacqueline G. King, 
Community Affairs Officer) 90 Hennepin Avenue, Minneapolis, Minnesota 
55480-0291:
    1. MinnDak Bancshares, Inc., Park Rapids, Minnesota; to become a 
bank holding company by acquiring 100 percent of the voting shares of 
Kent Bancshares, Inc., and thereby indirectly acquire Kent State Bank, 
both in Kent, Minnesota.
    D. Federal Reserve Bank of Kansas City (Dennis Denney, Assistant 
Vice President) 1 Memorial Drive, Kansas City, Missouri 64198-0001:
    1. New West Banks of Colorado, Inc. Employee Stock Ownership Plan 
Trust, Greeley, Colorado; to become a bank holding company by acquiring 
up to 30 percent of the voting shares of New West Banks of Colorado, 
Inc., and thereby acquire shares of New West Bank, both in Greeley, 
Colorado.

    Board of Governors of the Federal Reserve System, January 20, 
2012.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. 2012-1524 Filed 1-24-12; 8:45 am]
BILLING CODE 6210-01-P