Formations of, Acquisitions by, and Mergers of Savings and Loan Holding Companies, 24511 [2019-10974]

Download as PDF jbell on DSK3GLQ082PROD with NOTICES Federal Register / Vol. 84, No. 102 / Tuesday, May 28, 2019 / Notices Order, Amendment of Part 74 of the Commission’s Rules Regarding FM Translator Interference, FCC 19–40, MB Docket No. 18–119, adopting proposals to streamline the rules relating to interference caused by FM translators and to expedite the translator interference complaint resolution process. These measures are designed to limit or avoid protracted and contentious interference disputes, provide translator licensees additional investment certainty and flexibility to remediate interference, and provide affected stations earlier and expedited resolution of interference complaints. In the FM Translator Interference Report and Order, the Commission adopted its proposal to offer additional flexibility to FM translator licensees, by allowing them to resolve interference issues using the effective and low-cost method of submitting a minor modification application to change frequency to any available same-band FM channel. This method will reduce the number of opposition pleadings filed and the obligation to defend an interference claim. Specifically, the FM Translator Interference Report and Order pertains to this Information Collection as it modifies Section 74.1233(a)(1) of the rules to define an FM translator station’s change to any available same-band frequency using a minor modification application, filed using FCC Form 2100, Schedule 349, upon a showing of interference to or from any other broadcast station. Prior to the FM Translator Interference Report and Order, if an existing FM translator caused actual interference, as prohibited by Section 74.1203(a), it was limited to remedial channel changes, filing FCC Form 2100, Schedule 349 as a minor change application, to only first, second, or third adjacent, or IF channels. A change to any other channel was considered a major change on FCC Form 2100, Schedule 349, which could only be submitted during a filing window. The FM Translator Interference Report and Order enables more translator stations to cure interference by simply changing channels within the same band by filing FCC Form 2100, Schedule 349 as a minor change application, rather than other costlier and less efficient remedies. Federal Communications Commission. Marlene Dortch, Secretary, Office of the Secretary. [FR Doc. 2019–11048 Filed 5–24–19; 8:45 am] BILLING CODE 6712–01–P VerDate Sep<11>2014 20:49 May 24, 2019 Jkt 247001 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 June 20, 2019. A. Federal Reserve Bank of Cleveland (Nadine Wallman, Vice President) 1455 East Sixth Street, Cleveland, Ohio 44101–2566. Comments can also be sent electronically to Comments.applications@clev.frb.org: 1. Valley Central, MHC, and Valley Central Bancorp, Inc., both of Liberty Township, Ohio; to acquire control of American Savings Bank, Middletown, Ohio. Additionally, for Valley Central, MHC, to acquire control of the newly formed New Valley Central Bank, to be located in Liberty Township, Ohio; and for Valley Central, MHC, to transfer to its subsidiary Valley Central Bancorp, Inc., ownership of New Valley Central Bank. Under the proposal, Valley Central, MHC, would form New Valley Central Bank as an interim Ohiochartered savings association. American Savings Bank and the applicants’ existing subsidiary savings association, Valley Central Bank, Liberty Township, PO 00000 Frm 00050 Fmt 4703 Sfmt 4703 24511 Ohio, would then each be merged with and into New Valley Central Bank. The surviving institution would be known thereafter as Valley Central Bank. Board of Governors of the Federal Reserve System, May 21, 2019. Yao-Chin Chao, Assistant Secretary of the Board. [FR Doc. 2019–10974 Filed 5–24–19; 8:45 am] BILLING CODE P 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 June 21, 2019. A. Federal Reserve Bank of Minneapolis (Mark A. Rauzi, Vice President), 90 Hennepin Avenue, Minneapolis, Minnesota 55480–0291: 1. Financial Services of Lowry, Inc., Lowry, Minnesota; to acquire 100 percent of the voting shares of The First National Bank of Osakis, Osakis, Minnesota. E:\FR\FM\28MYN1.SGM 28MYN1

Agencies

[Federal Register Volume 84, Number 102 (Tuesday, May 28, 2019)]
[Notices]
[Page 24511]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-10974]


=======================================================================
-----------------------------------------------------------------------

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 June 20, 2019.
    A. Federal Reserve Bank of Cleveland (Nadine Wallman, Vice 
President) 1455 East Sixth Street, Cleveland, Ohio 44101-2566. Comments 
can also be sent electronically to [email protected]:
    1. Valley Central, MHC, and Valley Central Bancorp, Inc., both of 
Liberty Township, Ohio; to acquire control of American Savings Bank, 
Middletown, Ohio. Additionally, for Valley Central, MHC, to acquire 
control of the newly formed New Valley Central Bank, to be located in 
Liberty Township, Ohio; and for Valley Central, MHC, to transfer to its 
subsidiary Valley Central Bancorp, Inc., ownership of New Valley 
Central Bank. Under the proposal, Valley Central, MHC, would form New 
Valley Central Bank as an interim Ohio-chartered savings association. 
American Savings Bank and the applicants' existing subsidiary savings 
association, Valley Central Bank, Liberty Township, Ohio, would then 
each be merged with and into New Valley Central Bank. The surviving 
institution would be known thereafter as Valley Central Bank.

    Board of Governors of the Federal Reserve System, May 21, 2019.
Yao-Chin Chao,
Assistant Secretary of the Board.
[FR Doc. 2019-10974 Filed 5-24-19; 8:45 am]
 BILLING CODE P
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.