80 FR 14385 - Formations of, Acquisitions by, and Mergers of Savings and Loan Holding Companies

FEDERAL RESERVE SYSTEM

Federal Register Volume 80, Issue 53 (March 19, 2015)

[Federal Register Volume 80, Number 53 (Thursday, March 19, 2015)]
[Notices]
[Page 14385]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2015-06319]


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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 April 13, 2015.
    A. Federal Reserve Bank of Kansas City (Dennis Denney, Assistant 
Vice President) 1 Memorial Drive, Kansas City, Missouri 64198-0001:
    1. Equitable Financial Corp., Grand Island, Nebraska; proposes to 
become a savings and loan holding company by acquiring 100 percent of 
Equitable Bank, Grand Island, Nebraska. Upon the conversion of 
Equitable Financial MHC to stock form, Equitable Financial MHC and 
Equitable Financial Corp, the existing mid-tier holding company of 
Equitable Bank, will cease to exist, and Equitable Bank will become a 
wholly-owned subsidiary of Equitable Financial Corp, a de novo company.

    Board of Governors of the Federal Reserve System, March 16, 
2015.
Michael J. Lewandowski,
Associate Secretary of the Board.
[FR Doc. 2015-06319 Filed 3-18-15; 8:45 am]
 BILLING CODE 6210-01-P