Formations of, Acquisitions by, and Mergers of Bank Holding Companies, 83129 [2023-26197]

Download as PDF Federal Register / Vol. 88, No. 227 / Tuesday, November 28, 2023 / Notices otherwise noted, these activities will be conducted throughout the United States. The public portions of the applications listed below, as well as other related filings required by the Board, if any, are available for immediate inspection at the Federal Reserve Bank(s) indicated below and at the offices of the Board of Governors. This information may also be obtained on an expedited basis, upon request, by contacting the appropriate Federal Reserve Bank and from the Board’s Freedom of Information Office at https://www.federalreserve.gov/foia/ request.htm. 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, Ann E. Misback, Secretary of the Board, 20th Street and Constitution Avenue NW, Washington, DC 20551–0001, not later than December 13, 2023. A. Federal Reserve Bank of Chicago (Colette A. Fried, Assistant Vice President) 230 South LaSalle Street, Chicago, Illinois 60690–1414. Comments can also be sent electronically to Comments.applications@chi.frb.org: 1. Ohnward Bancshares, Maquoketa, Iowa: to engage de novo in extending credit and servicing loans pursuant to section 225.28(b)(1) of the Board’s Regulation Y. Board of Governors of the Federal Reserve System. Yao-Chin Chao, Deputy Associate Secretary of the Board. [FR Doc. 2023–26203 Filed 11–27–23; 8:45 am] BILLING CODE P FEDERAL RESERVE SYSTEM lotter on DSK11XQN23PROD with NOTICES1 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 public portions of the applications listed below, as well as VerDate Sep<11>2014 17:19 Nov 27, 2023 Jkt 262001 other related filings required by the Board, if any, are available for immediate inspection at the Federal Reserve Bank(s) indicated below and at the offices of the Board of Governors. This information may also be obtained on an expedited basis, upon request, by contacting the appropriate Federal Reserve Bank and from the Board’s Freedom of Information Office at https://www.federalreserve.gov/foia/ request.htm. 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 or retention of a nonbanking company, the review also includes whether the nonbanking activity complies with the standards in section 4 of the BHC Act (12 U.S.C. 1843), and interested persons may express their views in writing on the standards enumerated in section 4. Unless otherwise noted, nonbanking activities will be conducted throughout the United States. Comments regarding each of these applications must be received at the Reserve Bank indicated or the offices of the Board of Governors, Ann E. Misback, Secretary of the Board, 20th Street and Constitution Avenue NW, Washington, DC 20551–0001, not later than December 28, 2023. A. Federal Reserve Bank of Atlanta (Erien O. Terry, Assistant Vice President) 1000 Peachtree Street, NE, Atlanta, Georgia 30309. Comments can also be sent electronically to Applications.Comments@atl.frb.org. 1. Gulf Atlantic Financial Corporation, Tallahassee, Florida; to become a bank holding company by acquiring of Gulf Atlantic Bank, Key West, Florida. B. Federal Reserve Bank of Dallas (Karen Smith, Director, Mergers & Acquisitions) 2200 N Pearl Street, Dallas, Texas 75201–2272. Comments can also be sent electronically to Comments.applications@dal.frb.org. 1. The Adam Corporation/Group and TAC Financial Corporation, both of College Station, Texas; to become bank holding companies by acquiring Adam Bank Group, Inc., and thereby indirectly acquiring American Momentum Bank, both of College Station, Texas. In addition, The Adam Corporation/ Group and TAC Financial Corporation, to engage in agency transactional services for customer investments pursuant to section 225.28(b)(7) of the Board’s Regulation Y through its subsidiary Globetech Securities, LLC, Clifton Park, New York. C. Federal Reserve Bank of Cleveland (Nadine M. Wallman, Vice President) 1455 East Sixth Street, Cleveland, Ohio PO 00000 Frm 00057 Fmt 4703 Sfmt 4703 83129 44101–2566. Comments can also be sent electronically to Comments.applications@clev.frb.org. 1. Nextier, Inc., Kittanning, Pennsylvania; to acquire Mars Bancorp, Inc., and thereby indirectly acquire Mars Bank, both of Mars, Pennsylvania. Board of Governors of the Federal Reserve System. Yao-Chin Chao, Deputy Associate Secretary of the Board. [FR Doc. 2023–26197 Filed 11–27–23; 8:45 am] BILLING CODE P FEDERAL RESERVE SYSTEM Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company The notificants listed below have applied under the Change in Bank Control Act (Act) (12 U.S.C. 1817(j)) and § 225.41 of the Board’s Regulation Y (12 CFR 225.41) to acquire shares of a bank or bank holding company. The factors that are considered in acting on the applications are set forth in paragraph 7 of the Act (12 U.S.C. 1817(j)(7)). The public portions of the applications listed below, as well as other related filings required by the Board, if any, are available for immediate inspection at the Federal Reserve Bank(s) indicated below and at the offices of the Board of Governors. This information may also be obtained on an expedited basis, upon request, by contacting the appropriate Federal Reserve Bank and from the Board’s Freedom of Information Office at https://www.federalreserve.gov/foia/ request.htm. Interested persons may express their views in writing on the standards enumerated in paragraph 7 of the Act. Comments regarding each of these applications must be received at the Reserve Bank indicated or the offices of the Board of Governors, Ann E. Misback, Secretary of the Board, 20th Street and Constitution Avenue NW, Washington, DC 20551–0001, not later than December 13, 2023. A. Federal Reserve Bank of Atlanta (Erien O. Terry, Assistant Vice President) 1000 Peachtree Street NE, Atlanta, Georgia 30309. Comments can also be sent electronically to Applications.Comments@atl.frb.org. 1. Katie P. Cheramie-Daigle, Thibodaux, Louisiana, and Charles A. Crocket, Jr., Lafayette, Louisiana; to join the Cheramie Family Control Group, a group acting in concert, to acquire voting shares of SBT Bancshares, Inc., and thereby indirectly acquire voting E:\FR\FM\28NON1.SGM 28NON1

Agencies

[Federal Register Volume 88, Number 227 (Tuesday, November 28, 2023)]
[Notices]
[Page 83129]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-26197]


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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 public portions of the applications listed below, as well as 
other related filings required by the Board, if any, are available for 
immediate inspection at the Federal Reserve Bank(s) indicated below and 
at the offices of the Board of Governors. This information may also be 
obtained on an expedited basis, upon request, by contacting the 
appropriate Federal Reserve Bank and from the Board's Freedom of 
Information Office at https://www.federalreserve.gov/foia/request.htm. 
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 or retention of a nonbanking company, the 
review also includes whether the nonbanking activity complies with the 
standards in section 4 of the BHC Act (12 U.S.C. 1843), and interested 
persons may express their views in writing on the standards enumerated 
in section 4. Unless otherwise noted, nonbanking activities will be 
conducted throughout the United States.
    Comments regarding each of these applications must be received at 
the Reserve Bank indicated or the offices of the Board of Governors, 
Ann E. Misback, Secretary of the Board, 20th Street and Constitution 
Avenue NW, Washington, DC 20551-0001, not later than December 28, 2023.
    A. Federal Reserve Bank of Atlanta (Erien O. Terry, Assistant Vice 
President) 1000 Peachtree Street, NE, Atlanta, Georgia 30309. Comments 
can also be sent electronically to [email protected].
    1. Gulf Atlantic Financial Corporation, Tallahassee, Florida; to 
become a bank holding company by acquiring of Gulf Atlantic Bank, Key 
West, Florida.
    B. Federal Reserve Bank of Dallas (Karen Smith, Director, Mergers & 
Acquisitions) 2200 N Pearl Street, Dallas, Texas 75201-2272. Comments 
can also be sent electronically to [email protected].
    1. The Adam Corporation/Group and TAC Financial Corporation, both 
of College Station, Texas; to become bank holding companies by 
acquiring Adam Bank Group, Inc., and thereby indirectly acquiring 
American Momentum Bank, both of College Station, Texas.
    In addition, The Adam Corporation/Group and TAC Financial 
Corporation, to engage in agency transactional services for customer 
investments pursuant to section 225.28(b)(7) of the Board's Regulation 
Y through its subsidiary Globetech Securities, LLC, Clifton Park, New 
York.
    C. Federal Reserve Bank of Cleveland (Nadine M. Wallman, Vice 
President) 1455 East Sixth Street, Cleveland, Ohio 44101-2566. Comments 
can also be sent electronically to [email protected].
    1. Nextier, Inc., Kittanning, Pennsylvania; to acquire Mars 
Bancorp, Inc., and thereby indirectly acquire Mars Bank, both of Mars, 
Pennsylvania.

    Board of Governors of the Federal Reserve System.
Yao-Chin Chao,
Deputy Associate Secretary of the Board.
[FR Doc. 2023-26197 Filed 11-27-23; 8:45 am]
BILLING CODE P
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