80 FR 38447 - Formations of, Acquisitions by, and Mergers of Bank Holding Companies

FEDERAL RESERVE SYSTEM

Federal Register Volume 80, Issue 128 (July 6, 2015)

Page Range		38447-38447
FR Document		2015-16467

Federal Register, Volume 80 Issue 128 (Monday, July 6, 2015)

[Federal Register Volume 80, Number 128 (Monday, July 6, 2015)]
[Notices]
[Page 38447]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2015-16467]


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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 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 July 30, 2015.
    A. Federal Reserve Bank of Cleveland (Nadine Wallman, Vice 
President) 1455 East Sixth Street, Cleveland, Ohio 44101-2566:
    1. The Old Fort Banking Company Employee Stock Ownership Plan and 
Trust, Old Fort, Ohio; to become a bank holding company by acquiring 45 
percent of the voting shares of Gillmor Financial Services, Inc., and 
thereby indirectly acquire voting shares of The Old Fort Banking 
Company, both in Old Fort, Ohio.

    Board of Governors of the Federal Reserve System, June 30, 2015.
Michael J. Lewandowski,
Associate Secretary of the Board.
[FR Doc. 2015-16467 Filed 7-2-15; 8:45 am]
 BILLING CODE 6210-01-P

Federal Register / Vol. 80, No. 128 / Monday, July 6, 2015 / Notices 38447

Virginia (Virginia) the authority to Accordingly, EPA no longer allows noted, nonbanking activities will be
implement and enforce various federal sources the SSM exemption as provided conducted throughout the United States.
National Emissions Standards for for in the vacated provisions at 40 CFR Unless otherwise noted, comments
Hazardous Air Pollutants (NESHAP) 63.6(f)(1) and (h)(1), even though EPA regarding each of these applications
and New Source Performance Standards has not yet formally removed these SSM must be received at the Reserve Bank
(NSPS), which are found at 40 CFR parts exemption provisions from the General indicated or the offices of the Board of
60, 61 and 63.1 In those actions, EPA Provisions of 40 CFR part 63. Because Governors not later than July 30, 2015.
also delegated to Virginia the authority Virginia incorporated 40 CFR part 63 by A. Federal Reserve Bank of Cleveland
to implement and enforce any future reference, Virginia should also no longer (Nadine Wallman, Vice President) 1455
EPA NESHAP or NSPS on the condition allow sources to use the former SSM East Sixth Street, Cleveland, Ohio
that Virginia legally adopt the future exemption from the General Provisions 44101–2566:
standards, make only allowed wording of 40 CFR part 63 due to the Court’s 1. The Old Fort Banking Company
changes, and provide specified notice to ruling in Sierra Club v. EPA. Employee Stock Ownership Plan and
EPA. EPA appreciates Virginia’s continuing Trust, Old Fort, Ohio; to become a bank
In a letter dated March 12, 2015, NESHAP and NSPS enforcement efforts, holding company by acquiring 45
Virginia informed EPA that Virginia had and also Virginia’s decision to take percent of the voting shares of Gillmor
updated its incorporation by reference automatic delegation of additional and Financial Services, Inc., and thereby
of federal NESHAP and NSPS to include more recent NESHAP and NSPS by indirectly acquire voting shares of The
many such standards, as they were adopting them by reference. Old Fort Banking Company, both in Old
published in final form in the Code of Sincerely, Fort, Ohio.
Federal Regulations dated July 1, 2014. Diana Esher, Board of Governors of the Federal Reserve
Virginia noted that its intent in updating Director, Air Protection Division System, June 30, 2015.
its incorporation by reference of the This notice acknowledges the update Michael J. Lewandowski,
NESHAP and NSPS was to retain the of Virginia’s delegation of authority to Associate Secretary of the Board.
authority to enforce all standards implement and enforce NESHAP and [FR Doc. 2015–16467 Filed 7–2–15; 8:45 am]
included in the revisions, as per the NSPS. BILLING CODE 6210–01–P
provisions of EPA’s previous delegation
Dated: June 18, 2015.
actions. Virginia committed to enforcing
the federal standards in conformance Diana Esher,
FEDERAL RESERVE SYSTEM
with the terms of EPA’s previous Director, Air Protection Division, Region III.
delegations of authority. Virginia made [FR Doc. 2015–16516 Filed 7–2–15; 8:45 am] Notice of Proposals to Engage in or to
only allowed wording changes. BILLING CODE 6560–50–P Acquire Companies Engaged in
Virginia provided copies of its revised Permissible Nonbanking Activities
regulations specifying the NESHAP and The companies listed in this notice
NSPS which Virginia has adopted by FEDERAL RESERVE SYSTEM
have given notice under section 4 of the
reference. These revised regulations are Bank Holding Company Act (12 U.S.C.
entitled 9 VAC 5–50 ‘‘New and Formations of, Acquisitions by, and
Mergers of Bank Holding Companies 1843) (BHC Act) and Regulation Y, (12
Modified Stationary Sources,’’ and 9 CFR part 225) to engage de novo, or to
VAC 5–60 ‘‘Hazardous Air Pollutant The companies listed in this notice acquire or control voting securities or
Sources.’’ These revised regulations have applied to the Board for approval, assets of a company, including the
have an effective date of March 11, pursuant to the Bank Holding Company companies listed below, that engages
2015. Act of 1956 (12 U.S.C. 1841 et seq.) either directly or through a subsidiary or
Accordingly, EPA acknowledges that (BHC Act), Regulation Y (12 CFR part other company, in a nonbanking activity
Virginia now has the authority, as 225), and all other applicable statutes that is listed in § 225.28 of Regulation Y
provided for under the terms of EPA’s and regulations to become a bank (12 CFR 225.28) or that the Board has
previous delegation actions, to holding company and/or to acquire the determined by Order to be closely
implement and enforce the NESHAP assets or the ownership of, control of, or related to banking and permissible for
and NSPS standards which Virginia has the power to vote shares of a bank or bank holding companies. Unless
adopted by reference in Virginia’s bank holding company and all of the otherwise noted, these activities will be
revised regulations 9 VAC 5–50 and 9 banks and nonbanking companies conducted throughout the United States.
VAC 5–60, both effective on March 11, owned by the bank holding company, Each notice is available for inspection
2015. including the companies listed below. at the Federal Reserve Bank indicated.
Please note that on December 19, The applications listed below, as well The notice also will be available for
2008, in Sierra Club v. EPA,2 the United as other related filings required by the inspection at the offices of the Board of
States Court of Appeals for the District Board, are available for immediate Governors. Interested persons may
of Columbia Circuit vacated certain inspection at the Federal Reserve Bank express their views in writing on the
provisions of the General Provisions of indicated. The applications will also be question whether the proposal complies
40 CFR part 63 relating to exemptions available for inspection at the offices of with the standards of section 4 of the
for startup, shutdown, and malfunction the Board of Governors. Interested BHC Act.
(SSM). On October 16, 2009, the Court persons may express their views in Unless otherwise noted, comments
issued a mandate vacating these SSM writing on the standards enumerated in regarding the notices must be received
Lhorne on DSK7TPTVN1PROD with NOTICES

exemption provisions, which are found the BHC Act (12 U.S.C. 1842(c)). If the at the Reserve Bank indicated or the
at 40 CFR 63.6(f)(1) and (h)(1). proposal also involves the acquisition of offices of the Board of Governors not
a nonbanking company, the review also later than July 30, 2015.
1 EPA has posted copies of these actions at:
includes whether the acquisition of the A. Federal Reserve Bank of Atlanta
http://www.epa.gov/reg3artd/airregulations/
delegate/vadelegation.htm. nonbanking company complies with the (Chapelle Davis, Assistant Vice
2 Sierra Club v. EPA, 551 F.3rd 1019 (D.C. Cir. standards in section 4 of the BHC Act President) 1000 Peachtree Street, NE.,
2008). (12 U.S.C. 1843). Unless otherwise Atlanta, Georgia 30309:

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Document Created: 2015-12-15 13:17:19
Document Modified: 2015-12-15 13:17:19

Category		Regulatory Information
Collection		Federal Register
sudoc Class		AE 2.7: GS 4.107: AE 2.106:
Publisher		Office of the Federal Register, National Archives and Records Administration
Section		Notices
FR Citation		80 FR 38447