Formations of, Acquisitions by, and Mergers of Savings and Loan Holding Companies, 40052 [2019-17280]

Download as PDF 40052 Federal Register / Vol. 84, No. 156 / Tuesday, August 13, 2019 / Notices result in substantial competitive harm if disclosed (5 U.S.C. 552(b)(4)). Current actions: On May 15, 2019, the Board published a notice in the Federal Register (84 FR 21778) requesting public comment for 60 days on the extension, without revision, of the Recordkeeping Provisions Associated with the Interagency Statement on Complex Structured Finance Activities. The comment period for this notice expired on July 15, 2019. The Board did not receive any comments. Board of Governors of the Federal Reserve System, August 7, 2019. Michele Taylor Fennell, Assistant Secretary of the Board. [FR Doc. 2019–17264 Filed 8–12–19; 8:45 am] BILLING CODE 6210–01–P FEDERAL RESERVE SYSTEM jspears on DSK3GMQ082PROD with NOTICES 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 September 10, 2019. A. Federal Reserve Bank of Philadelphia (William Spaniel, Senior VerDate Sep<11>2014 17:51 Aug 12, 2019 Jkt 247001 Vice President) 100 North 6th Street, Philadelphia, Pennsylvania 19105– 1521. Comments can also be sent electronically to Comments.applications@phil.frb.org: 1. Stewardship Financial Corporation, Midland Park, New Jersey, to become a savings and loan holding company upon the conversion of Atlantic Stewardship Bank, Midland Park, New Jersey, from a state-chartered commercial bank to state-chartered stock savings association. 2. Columbia Bank, MHC (‘‘MHC’’) and Columbia Financial, Inc., both of Fair Lawn, New Jersey; to acquire Stewardship Financial Corporation (‘‘Stewardship Financial’’), Midland Park, New Jersey, and thereby indirectly acquire Atlantic Stewardship Bank, Midland Park, New Jersey, a whollyowned subsidiary of Stewardship Financial, through the merger of Atlantic Stewardship Bank into Columbia Bank, Fair Lawn, New Jersey. Board of Governors of the Federal Reserve System, August 7, 2019. Yao-Chin Chao, Assistant Secretary of the Board. [FR Doc. 2019–17280 Filed 8–12–19; 8:45 am] BILLING CODE 6210–01–P FEDERAL RESERVE SYSTEM Agency Information Collection Activities: Announcement of Board Approval Under Delegated Authority and Submission to OMB Board of Governors of the Federal Reserve System. SUMMARY: The Board of Governors of the Federal Reserve System (Board) is adopting a proposal to extend for three years, with revision, the Reporting Requirements Associated with Regulation Y (Extension of Time to Conform to the Volcker Rule) (FR Y–1; OMB No. 7100–0333). FOR FURTHER INFORMATION CONTACT: Federal Reserve Board Clearance Officer—Nuha Elmaghrabi—Office of the Chief Data Officer, Board of Governors of the Federal Reserve System, Washington, DC 20551, (202) 452–3829. Office of Management and Budget (OMB) Desk Officer—Shagufta Ahmed— Office of Information and Regulatory Affairs, Office of Management and Budget, New Executive Office Building, Room 10235, 725 17th Street NW, Washington, DC 20503 or by fax to (202) 395–6974. A copy of the PRA OMB submission, including the reporting form and instructions, supporting statement, and AGENCY: PO 00000 Frm 00033 Fmt 4703 Sfmt 4703 other documentation will be placed into OMB’s public docket files. These documents also are available on the Board’s public website at https:// www.federalreserve.gov/apps/ reportforms/review.aspx or may be requested from the agency clearance officer, whose name appears above. SUPPLEMENTARY INFORMATION: On June 15, 1984, OMB delegated to the Board authority under the Paperwork Reduction Act (PRA) to approve and assign OMB control numbers to collections of information conducted or sponsored by the Board. Boardapproved collections of information are incorporated into the official OMB inventory of currently approved collections of information. Copies of the PRA Submission, supporting statements, and approved collection of information instrument(s) are placed into OMB’s public docket files. Final Approval Under OMB Delegated Authority of the Extension for Three Years, With Revision, of the Following in Information Collection Report title: Reporting Requirements Associated with Regulation Y (Extension of Time to Conform to the Volcker Rule). Agency form number: FR Y–1. OMB control number: 7100–0333. Frequency: Event-generated. Respondents: Insured depository institutions (other than certain limitedpurpose trust institutions), any company that controls an insured depository institution, any company that is treated as a bank holding company for purposes of section 8 of the International Banking Act of 1978 (12 U.S.C. 3106), and any affiliate or subsidiary of any of the foregoing (collectively, banking entities), and nonbank financial companies designated by the Financial Stability Oversight Council that engage in proprietary trading activities or make investments in covered funds. Estimated number of respondents: 1. Estimated average hours per response: 3. Estimated annual burden hours: 3. General description of report: The information collection in section 225.181(c) of the Board’s Regulation Y (12 CFR 225.181(c)) is used by newly formed banking entities and existing companies that become a banking entity (collectively, new banking entities) to seek an extension of time to bring their activities and investments into compliance with section 13 of the Bank Holding Company Act (the Volcker Rule) or to divest their interest in an illiquid fund. The information collection in section 225.182(c) of the E:\FR\FM\13AUN1.SGM 13AUN1

Agencies

[Federal Register Volume 84, Number 156 (Tuesday, August 13, 2019)]
[Notices]
[Page 40052]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-17280]


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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 September 10, 2019.
    A. Federal Reserve Bank of Philadelphia (William Spaniel, Senior 
Vice President) 100 North 6th Street, Philadelphia, Pennsylvania 19105-
1521. Comments can also be sent electronically to 
[email protected]:
    1. Stewardship Financial Corporation, Midland Park, New Jersey, to 
become a savings and loan holding company upon the conversion of 
Atlantic Stewardship Bank, Midland Park, New Jersey, from a state-
chartered commercial bank to state-chartered stock savings association.
    2. Columbia Bank, MHC (``MHC'') and Columbia Financial, Inc., both 
of Fair Lawn, New Jersey; to acquire Stewardship Financial Corporation 
(``Stewardship Financial''), Midland Park, New Jersey, and thereby 
indirectly acquire Atlantic Stewardship Bank, Midland Park, New Jersey, 
a wholly-owned subsidiary of Stewardship Financial, through the merger 
of Atlantic Stewardship Bank into Columbia Bank, Fair Lawn, New Jersey.

    Board of Governors of the Federal Reserve System, August 7, 
2019.
Yao-Chin Chao,
Assistant Secretary of the Board.
[FR Doc. 2019-17280 Filed 8-12-19; 8:45 am]
BILLING CODE 6210-01-P