80_FR_16069 80 FR 16011 - Mid-Tier Bank Holding Company To Conduct a Minority Stock Issuance

80 FR 16011 - Mid-Tier Bank Holding Company To Conduct a Minority Stock Issuance

FEDERAL RESERVE SYSTEM

Federal Register Volume 80, Issue 58 (March 26, 2015)

Page Range16011-16011
FR Document2015-06924

Federal Register, Volume 80 Issue 58 (Thursday, March 26, 2015)
[Federal Register Volume 80, Number 58 (Thursday, March 26, 2015)]
[Notices]
[Page 16011]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2015-06924]


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FEDERAL RESERVE SYSTEM


Mid-Tier Bank Holding Company To Conduct a Minority Stock 
Issuance

    The bank holding company listed in this notice has applied to the 
Board for approval to conduct a minority stock issuance in accordance 
with the Board's regulations governing mutual holding companies.
    The application listed below, as well as other related filings 
required by the Board, is available for immediate inspection at the 
Federal Reserve Bank indicated. The application will also be available 
for inspection at the offices of the Board of Governors. Interested 
persons may express their views in writing.
    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 23, 2015.
    A. Federal Reserve Bank of Boston (Prabal Chakrabarti, Senior Vice 
President) 600 Atlantic Avenue, Boston, Massachusetts 02210-2204:
    1. Provident Bancorp and Provident Bancorp, Inc., both in Amesbury, 
Massachusetts; to conduct a minority stock issuance in accordance with 
the Board's Regulation MM. Provident Bancorp and Provident Bancorp, 
Inc. control Provident Bank.

    Board of Governors of the Federal Reserve System, March 23, 
2015.
Michael J. Lewandowski,
Associate Secretary of the Board.
[FR Doc. 2015-06924 Filed 3-25-15; 8:45 am]
 BILLING CODE 6210-01-P



                                                                               Federal Register / Vol. 80, No. 58 / Thursday, March 26, 2015 / Notices                                           16011

                                                  must be received at the Reserve Bank                    FEDERAL RESERVE SYSTEM                                paper, by following the instructions in
                                                  indicated or the offices of the Board of                                                                      the Request for Comment part of the
                                                  Governors not later than April 23, 2015.                Change in Bank Control Notices;                       SUPPLEMENTARY INFORMATION section
                                                     A. Federal Reserve Bank of New York                  Acquisitions of Shares of a Bank or                   below. Write ‘‘BMW of North America,
                                                  (Ivan Hurwitz, Vice President) 33                       Bank Holding Company                                  LLC—Consent Agreement; File No.
                                                  Liberty Street, New York, New York                                                                            1323150’’ on your comment and file
                                                                                                            The notificants listed below have
                                                  10045–0001:                                                                                                   your comment online at https://
                                                                                                          applied under the Change in Bank
                                                     1. Royal Bank of Canada, Montreal,                                                                         ftcpublic.commentworks.com/ftc/
                                                                                                          Control Act (12 U.S.C. 1817(j)) and
                                                  Canada and its wholly-owned                                                                                   bmwnorthamericaconsent by following
                                                                                                          § 225.41 of the Board’s Regulation Y (12
                                                  subsidiary, RBC USA Holdco, New                                                                               the instructions on the web-based form.
                                                                                                          CFR 225.41) to acquire shares of a bank
                                                  York, New York; to acquire City                                                                               If you prefer to file your comment on
                                                                                                          or bank holding company. The factors
                                                  National Corporation and thereby                                                                              paper, write ‘‘BMW of North America,
                                                                                                          that are considered in acting on the
                                                  indirectly acquire City National Bank,                                                                        LLC—Consent Agreement; File No.
                                                                                                          notices are set forth in paragraph 7 of
                                                  both in Los Angeles, California. In                                                                           1323150’’ on your comment and on the
                                                                                                          the Act (12 U.S.C. 1817(j)(7)).
                                                  connection with this application, RBC                                                                         envelope, and mail your comment to the
                                                                                                            The notices are available for
                                                  USA Holdco Corporation, New York,                                                                             following address: Federal Trade
                                                                                                          immediate inspection at the Federal
                                                  New York, has applied to become a                                                                             Commission, Office of the Secretary,
                                                                                                          Reserve Bank indicated. The notices
                                                  bank holding company.                                                                                         600 Pennsylvania Avenue NW., Suite
                                                                                                          also will be available for inspection at
                                                    Board of Governors of the Federal Reserve             the offices of the Board of Governors.                CC–5610 (Annex D), Washington, DC
                                                  System, March 23, 2015.                                 Interested persons may express their                  20580, or deliver your comment to the
                                                  Michael J. Lewandowski,                                 views in writing to the Reserve Bank                  following address: Federal Trade
                                                  Associate Secretary of the Board.                       indicated for that notice or to the offices           Commission, Office of the Secretary,
                                                  [FR Doc. 2015–06925 Filed 3–25–15; 8:45 am]             of the Board of Governors. Comments                   Constitution Center, 400 7th Street SW.,
                                                                                                          must be received not later than April 13,             5th Floor, Suite 5610 (Annex D),
                                                  BILLING CODE 6210–01–P
                                                                                                          2015.                                                 Washington, DC 20024.
                                                                                                            A. Federal Reserve Bank of Kansas                   FOR FURTHER INFORMATION CONTACT:
                                                  FEDERAL RESERVE SYSTEM                                  City (Dennis Denney, Assistant Vice                   Svetlana Gans, Bureau of Consumer
                                                                                                          President), 1 Memorial Drive, Kansas                  Protection, (202) 326–3708, 600
                                                  Mid-Tier Bank Holding Company To                        City, Missouri 64198–0001:                            Pennsylvania Avenue NW., Washington,
                                                  Conduct a Minority Stock Issuance                         1. Scott Warren Cooper, Garnett,                    DC 20580.
                                                                                                          Kansas; to retain voting shares of                    SUPPLEMENTARY INFORMATION: Pursuant
                                                     The bank holding company listed in
                                                                                                          Garnett Bancshares, Inc., and thereby                 to Section 6(f) of the Federal Trade
                                                  this notice has applied to the Board for
                                                                                                          indirectly retain voting shares of                    Commission Act, 15 U.S.C. 46(f), and
                                                  approval to conduct a minority stock
                                                                                                          Patriots Bank, both in Garnett, Kansas.               FTC Rule 2.34, 16 CFR 2.34, notice is
                                                  issuance in accordance with the Board’s
                                                                                                            Board of Governors of the Federal Reserve           hereby given that the above-captioned
                                                  regulations governing mutual holding
                                                                                                          System, March 23, 2015.                               consent agreement containing consent
                                                  companies.
                                                     The application listed below, as well                Michael J. Lewandowski,                               order to cease and desist, having been
                                                  as other related filings required by the                                                                      filed with and accepted, subject to final
                                                                                                          Associate Secretary of the Board.
                                                  Board, is available for immediate                                                                             approval, by the Commission, has been
                                                                                                          [FR Doc. 2015–06923 Filed 3–25–15; 8:45 am]
                                                  inspection at the Federal Reserve Bank                                                                        placed on the public record for a period
                                                                                                          BILLING CODE 6210–01–P
                                                  indicated. The application will also be                                                                       of thirty (30) days. The following
                                                  available for inspection at the offices of                                                                    Analysis to Aid Public Comment
                                                  the Board of Governors. Interested                                                                            describes the terms of the consent
                                                                                                          FEDERAL TRADE COMMISSION                              agreement, and the allegations in the
                                                  persons may express their views in
                                                  writing.                                                [File No. 132 3150]                                   complaint. An electronic copy of the
                                                     Unless otherwise noted, comments                                                                           full text of the consent agreement
                                                  regarding each of these applications                    BMW of North America, LLC; Proposed                   package can be obtained from the FTC
                                                  must be received at the Reserve Bank                    Consent Order To Aid Public Comment                   Home Page (for March 19, 2015), on the
                                                  indicated or the offices of the Board of                                                                      World Wide Web at: http://www.ftc.gov/
                                                                                                          AGENCY:    Federal Trade Commission.                  os/actions.shtm.
                                                  Governors not later than April 23, 2015.                ACTION:   Proposed consent agreement.
                                                     A. Federal Reserve Bank of Boston                                                                             You can file a comment online or on
                                                  (Prabal Chakrabarti, Senior Vice                                                                              paper. For the Commission to consider
                                                                                                          SUMMARY:   The consent agreement in this
                                                  President) 600 Atlantic Avenue, Boston,                                                                       your comment, we must receive it on or
                                                                                                          matter settles alleged violations of
                                                  Massachusetts 02210–2204:                                                                                     before April 20, 2015. Write ‘‘BMW of
                                                                                                          federal law prohibiting unfair or
                                                     1. Provident Bancorp and Provident                                                                         North America, LLC—Consent
                                                                                                          deceptive acts or practices. The attached
                                                  Bancorp, Inc., both in Amesbury,                                                                              Agreement; File No. 1323150’’ on your
                                                                                                          Analysis to Aid Public Comment
                                                  Massachusetts; to conduct a minority                                                                          comment. Your comment—including
                                                                                                          describes both the allegations in the
                                                  stock issuance in accordance with the                                                                         your name and your state—will be
                                                                                                          draft complaint and the terms of the
                                                  Board’s Regulation MM. Provident                                                                              placed on the public record of this
                                                                                                          consent order—embodied in the consent
                                                  Bancorp and Provident Bancorp, Inc.                                                                           proceeding, including, to the extent
                                                                                                          agreement—that would settle these
mstockstill on DSK4VPTVN1PROD with NOTICES




                                                  control Provident Bank.                                                                                       practicable, on the public Commission
                                                                                                          allegations.
                                                                                                                                                                Web site, at http://www.ftc.gov/os/
                                                    Board of Governors of the Federal Reserve             DATES: Comments must be received on                   publiccomments.shtm. As a matter of
                                                  System, March 23, 2015.                                 or before April 20, 2015.                             discretion, the Commission tries to
                                                  Michael J. Lewandowski,                                 ADDRESSES: Interested parties may file a              remove individuals’ home contact
                                                  Associate Secretary of the Board.                       comment at https://                                   information from comments before
                                                  [FR Doc. 2015–06924 Filed 3–25–15; 8:45 am]             ftcpublic.commentworks.com/ftc/                       placing them on the Commission Web
                                                  BILLING CODE 6210–01–P                                  bmwnorthamericaconsent online or on                   site.


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Document Created: 2015-12-18 11:46:21
Document Modified: 2015-12-18 11:46:21
CategoryRegulatory Information
CollectionFederal Register
sudoc ClassAE 2.7:
GS 4.107:
AE 2.106:
PublisherOffice of the Federal Register, National Archives and Records Administration
SectionNotices
FR Citation80 FR 16011 

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