Formations of, Acquisitions by, and Mergers of Savings and Loan Holding Companies, 65353 [2018-27574]
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Federal Register / Vol. 83, No. 244 / Thursday, December 20, 2018 / Notices
McWilliams, that Corporation business
required its consideration of the matters
on less than seven days’ notice to the
public; and that no earlier notice of the
meeting than that previously provided
on December 12, 2018, was practicable.
The meeting was held in the Board
Room located on the sixth floor of the
FDIC Building located at 550 17th Street
NW, Washington, DC.
Dated: December 18, 2018.
Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2018–27740 Filed 12–18–18; 4:15 pm]
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FEDERAL DEPOSIT INSURANCE
CORPORATION
Sunshine Act Meeting
khammond on DSK30JT082PROD with NOTICES
Pursuant to the provisions of the
‘‘Government in the Sunshine Act’’ (5
U.S.C. 552b), notice is hereby given that
at 10:52 a.m. on Tuesday, December 18,
2018, the Board of Directors of the
Federal Deposit Insurance Corporation
met in closed session to consider
matters related to the Corporation’s
supervision, corporate, and resolution
activities.
In calling the meeting, the Board
determined, on motion of Director
Martin J. Gruenberg, seconded by
Director Kathleen L. Kraninger
(Director, Consumer Financial
Protection Bureau), and concurred in by
Director Joseph M. Otting (Comptroller
of the Currency), and Chairman Jelena
McWilliams, that Corporation business
required its consideration of the matters
which were to be the subject of this
meeting on less than seven days’ notice
to the public; that no earlier notice of
the meeting was practicable; that the
public interest did not require
consideration of the matters in a
meeting open to public observation; and
that the matters could be considered in
a closed meeting by authority of
subsections (c)(2), (c)(4), (c)(6), (c)(8),
(c)(9)(A)(ii), and (c)(9)(B) of the
‘‘Government in the Sunshine Act’’ (5
U.S.C. 552b(c)(2), (c)(4), (c)(6), (c)(8),
(c)(9)(A)(ii), and (c)(9)(B).
Dated: December 18, 2018.
Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2018–27736 Filed 12–18–18; 4:15 pm]
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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 § 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 10, 2019.
A. Federal Reserve Bank of Richmond
(Adam M. Drimer, Assistant Vice
President) 701 East Byrd Street,
Richmond, Virginia 23219. Comments
can also be sent electronically to
Comments.applications@rich.frb.org:
1. Community Heritage Financial,
Inc., Middletown, Maryland; to engage
in residential mortgage lending through
the acquisition of 100 percent of the
voting shares of Millennium Financial
Group, Inc., Middletown, Maryland,
pursuant to section 225.28(b)(1) of
Regulation Y.
Board of Governors of the Federal Reserve
System, December 17, 2018.
Yao-Chin Chao,
Assistant Secretary of the Board.
[FR Doc. 2018–27573 Filed 12–19–18; 8:45 am]
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FEDERAL RESERVE SYSTEM
Formations of, Acquisitions by, and
Mergers of Savings and Loan Holding
Companies
The companies listed in this notice
have applied to the Board for approval,
pursuant to the Home Owners’ Loan Act
PO 00000
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65353
(12 U.S.C. 1461 et seq.) (HOLA),
Regulation LL (12 CFR part 238), and
Regulation MM (12 CFR part 239), and
all other applicable statutes and
regulations to become a savings and
loan holding company and/or to acquire
the assets or the ownership of, control
of, or the power to vote shares of a
savings association and nonbanking
companies owned by the savings and
loan 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 HOLA (12 U.S.C. 1467a(e)). 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 10(c)(4)(B) of the
HOLA (12 U.S.C. 1467a(c)(4)(B)). 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 January 22,
2019.
A. Federal Reserve Bank of
Minneapolis (Mark A. Rauzi, Vice
President), 90 Hennepin Avenue,
Minneapolis, Minnesota 55480–0291:
1. The Farrar Beresford
Bancorporation Inc. Irrevocable Trust
and Beresford Bancorporation
(‘‘Applicants’’), both of Britton, South
Dakota; to acquire Western Bancshares
of Alamogordo, Inc., Carlsbad, New
Mexico, and thereby acquire Western
Bank, Alamogordo, New Mexico.
Applicants will retain their ownership
of First Savings Bank, Beresford, South
Dakota, and continue to operate a
savings and loan association. Applicants
will convert back to a savings and loan
holding company after the merger of
Western Bank into First Savings Bank.
Board of Governors of the Federal Reserve
System, December 17, 2018.
Yao-Chin Chao,
Assistant Secretary of the Board.
[FR Doc. 2018–27574 Filed 12–19–18; 8:45 am]
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]]>Agencies
[Federal Register Volume 83, Number 244 (Thursday, December 20, 2018)]
[Notices]
[Page 65353]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-27574]
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FEDERAL RESERVE SYSTEM
Formations of, Acquisitions by, and Mergers of Savings and Loan
Holding Companies
The companies listed in this notice have applied to the Board for
approval, pursuant to the Home Owners' Loan Act (12 U.S.C. 1461 et
seq.) (HOLA), Regulation LL (12 CFR part 238), and Regulation MM (12
CFR part 239), and all other applicable statutes and regulations to
become a savings and loan holding company and/or to acquire the assets
or the ownership of, control of, or the power to vote shares of a
savings association and nonbanking companies owned by the savings and
loan 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 HOLA (12 U.S.C. 1467a(e)). 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 10(c)(4)(B) of the HOLA (12 U.S.C. 1467a(c)(4)(B)). 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 January 22, 2019.
A. Federal Reserve Bank of Minneapolis (Mark A. Rauzi, Vice
President), 90 Hennepin Avenue, Minneapolis, Minnesota 55480-0291:
1. The Farrar Beresford Bancorporation Inc. Irrevocable Trust and
Beresford Bancorporation (``Applicants''), both of Britton, South
Dakota; to acquire Western Bancshares of Alamogordo, Inc., Carlsbad,
New Mexico, and thereby acquire Western Bank, Alamogordo, New Mexico.
Applicants will retain their ownership of First Savings Bank,
Beresford, South Dakota, and continue to operate a savings and loan
association. Applicants will convert back to a savings and loan holding
company after the merger of Western Bank into First Savings Bank.
Board of Governors of the Federal Reserve System, December 17,
2018.
Yao-Chin Chao,
Assistant Secretary of the Board.
[FR Doc. 2018-27574 Filed 12-19-18; 8:45 am]
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