Formations of, Acquisitions by, and Mergers of Bank Holding Companies, 55170 [2018-23954]

Download as PDF 55170 Federal Register / Vol. 83, No. 213 / Friday, November 2, 2018 / Notices and Registry and establishes national licensing and registration requirements. It also directs Federally-regulated institutions to have written policies and procedures in place to ensure that their employees who perform mortgage loan originations comply with the registration and other SAFE Act requirements. There is no change in the method or substance of the collection. The overall reduction in burden hours is the result of economic fluctuation. In particular, the number of respondents has decreased while the hours per response and frequency of responses have remained the same. Request for Comment Comments are invited on: (a) Whether the collections of information are necessary for the proper performance of the FDIC’s functions, including whether the information has practical utility; (b) the accuracy of the estimates of the burden of the information collections, including the validity of the methodology and assumptions used; (c) ways to enhance the quality, utility, and clarity of the information to be collected; and (d) ways to minimize the burden of the collections of information on respondents, including through the use of automated collection techniques or other forms of information technology. All comments will become a matter of public record. Dated at Washington, DC, on October 30, 2018. Federal Deposit Insurance Corporation. Robert E. Feldman, Executive Secretary. [FR Doc. 2018–23987 Filed 11–1–18; 8:45 am] inspection at the Federal Reserve Bank indicated. The applications will also 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 November 26, 2018. A. Federal Reserve Bank of New York (Ivan Hurwitz, Vice President) 33 Liberty Street, New York, New York 10045–0001. Comments can also be sent electronically to Comments.applications@ny.frb.org: 1. Woori Financial Group, Seoul, South Korea; to become a bank holding company by acquiring voting shares of Woori Bank, Seoul, South Korea, and thereby indirectly acquire shares of Woori America Bank, New York, New York. B. Federal Reserve Bank of Minneapolis (Mark A. Rauzi, Vice President), 90 Hennepin Avenue, Minneapolis, Minnesota 55480–0291: 1. Orvet, Inc. and Silver Springs Financial Corp, both of Minneapolis, Minnesota; to acquire voting shares of Lake Country Community Bank, Morristown, Minnesota. Board of Governors of the Federal Reserve System, October 29, 2018. Ann Misback, Secretary of the Board. BILLING CODE 6714–01–P FEDERAL RESERVE SYSTEM [FR Doc. 2018–23954 Filed 11–1–18; 8:45 am] Formations of, Acquisitions by, and Mergers of Bank Holding Companies BILLING CODE P 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 FEDERAL RESERVE SYSTEM VerDate Sep<11>2014 17:57 Nov 01, 2018 Jkt 247001 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 PO 00000 Frm 00029 Fmt 4703 Sfmt 9990 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 November 19, 2018. A. Federal Reserve Bank of Chicago (Colette A. Fried, Assistant Vice President) 230 South LaSalle Street, Chicago, Illinois 60690–1414: 1. Lee Capital Corp, Fort Madison, Iowa; to continue engaging in extending credit and servicing loans, pursuant to section 225.28(b)(1) of Regulation Y. Board of Governors of the Federal Reserve System, October 29, 2018. Ann Misback, Secretary of the Board. [FR Doc. 2018–23953 Filed 11–1–18; 8:45 am] BILLING CODE P FEDERAL RETIREMENT THRIFT INVESTMENT BOARD Meeting of the Employee Thrift Advisory Council The Employee Thrift Advisory Council will meet Thursday, November 8, 2018 at 1 p.m. (In-Person) at 77 K Street NE, Washington, DC 20002. The agenda for the meeting is: 1. Approval of the minutes of the May 30, 2018 Joint Board/ETAC meeting 2. Thrift Savings Plan Statistics 3. FY18 FRTIB Budget Update 4. Auto Enrollment Update 5. Blended Retirement Update 6. Additional Withdrawals Update 7. Call Center Enhancement 8. L Funds Glide Path 9. New Business Contact Person For More Information: Kimberly Weaver, Director, Office of External Affairs, (202) 942–1640. Dated: October 30, 2018. Dharmesh Vashee, Deputy General Counsel, Federal Retirement Thrift Investment Board. [FR Doc. 2018–24001 Filed 11–1–18; 8:45 am] BILLING CODE P E:\FR\FM\02NON1.SGM 02NON1

Agencies

[Federal Register Volume 83, Number 213 (Friday, November 2, 2018)]
[Notices]
[Page 55170]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-23954]


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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 applications will also 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 November 26, 2018.
    A. Federal Reserve Bank of New York (Ivan Hurwitz, Vice President) 
33 Liberty Street, New York, New York 10045-0001. Comments can also be 
sent electronically to [email protected]:
    1. Woori Financial Group, Seoul, South Korea; to become a bank 
holding company by acquiring voting shares of Woori Bank, Seoul, South 
Korea, and thereby indirectly acquire shares of Woori America Bank, New 
York, New York.
    B. Federal Reserve Bank of Minneapolis (Mark A. Rauzi, Vice 
President), 90 Hennepin Avenue, Minneapolis, Minnesota 55480-0291:
    1. Orvet, Inc. and Silver Springs Financial Corp, both of 
Minneapolis, Minnesota; to acquire voting shares of Lake Country 
Community Bank, Morristown, Minnesota.

    Board of Governors of the Federal Reserve System, October 29, 
2018.
Ann Misback,
Secretary of the Board.
[FR Doc. 2018-23954 Filed 11-1-18; 8:45 am]
BILLING CODE P
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