80 FR 68870 - Formations of, Acquisitions by, and Mergers of Bank Holding Companies

FEDERAL RESERVE SYSTEM

Federal Register Volume 80, Issue 215 (November 6, 2015)

Page Range		68870-68870
FR Document		2015-28324

Federal Register, Volume 80 Issue 215 (Friday, November 6, 2015)

[Federal Register Volume 80, Number 215 (Friday, November 6, 2015)]
[Notices]
[Page 68870]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2015-28324]


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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 December 3, 2015.
    A. Federal Reserve Bank of St. Louis (Yvonne Sparks, Community 
Development Officer) P.O. Box 442, St. Louis, Missouri 63166-2034:
    1. Republic Bancorp, Inc., Louisville, Kentucky; to acquire 100 
percent of the voting shares of Cornerstone Bancorp, Inc., and thereby 
indirectly acquire voting shares of Cornerstone Community Bank, both in 
St. Petersburg, Florida.

    Board of Governors of the Federal Reserve System, November 3, 
2015.
Michael J. Lewandowski,
Associate Secretary of the Board.
[FR Doc. 2015-28324 Filed 11-5-15; 8:45 am]
BILLING CODE 6210-01-P

68870 Federal Register / Vol. 80, No. 215 / Friday, November 6, 2015 / Notices

and storage conditions for the backup writing on the standards enumerated in and Clair J. Lensing Jr. GST-Exempt
power source; (6) subscriber backup the BHC Act (12 U.S.C. 1842(c)). If the Under the Trust, with Hills Bank &
power self-testing and monitoring proposal also involves the acquisition of Trust Co., Hills, Iowa, as trustee; Susan
instructions; and (7) backup power a nonbanking company, the review also Elizondo, Bettendorf, Iowa, James F.
warranty details, if any. Each element of includes whether the acquisition of the Lensing, Mason City, Iowa, and Clair J.
this information must be given to nonbanking company complies with the Lensing Jr., Oelwein, Iowa, as
subscribers both at the point of sale and standards in section 4 of the BHC Act beneficiaries, to join the Lensing Family
annually thereafter, as described in the (12 U.S.C. 1843). Unless otherwise Control Group and retain voting shares
rule. noted, nonbanking activities will be of Fayette Bancorporation, Marion,
The disclosure requirements are conducted throughout the United States. Iowa, and thereby indirectly retain
intended to equip subscribers with Unless otherwise noted, comments voting shares of Citizens Savings Bank,
necessary information to purchase and regarding each of these applications Hawkeye, Iowa, Maynard Savings Bank,
maintain a source of backup power to must be received at the Reserve Bank Maynard, Iowa, and Shell Rock
enhance their ability to maintain access indicated or the offices of the Board of Bancorporation, Shell Rock, Iowa, and
to reliable 911 service from their homes. Governors not later than December 3, thereby retain Security State Bank,
We permit providers to convey both 2015. Waverly, Iowa.
the initial and annual disclosures and A. Federal Reserve Bank of St. Louis B. Federal Reserve Bank of
information described above by any (Yvonne Sparks, Community Minneapolis (Jacquelyn K. Brunmeier,
means reasonably calculated to reach Development Officer) P.O. Box 442, St. Assistant Vice President) 90 Hennepin
the individual subscriber. For example, Louis, Missouri 63166–2034: Avenue, Minneapolis, Minnesota
a provider may meet this obligation 1. Republic Bancorp, Inc., Louisville, 55480–0291:
through a combination of disclosures Kentucky; to acquire 100 percent of the
voting shares of Cornerstone Bancorp, 1. Robert W. Frei, Wagner, South
via email, an online billing statement, or Dakota; to join the Frei Family Group
other digital or electronic means for Inc., and thereby indirectly acquire
voting shares of Cornerstone and to acquire voting shares of
subscribers that communicate with the Commercial Holding Company, Wagner,
provider through these means. For a Community Bank, both in St.
Petersburg, Florida. South Dakota, and thereby indirectly
subscriber that does not communicate acquire voting shares of Commercial
with the provider through email and/or Board of Governors of the Federal Reserve State Bank, Wagner, South Dakota.
online billing statements—such as System, November 3, 2015.
someone who ordered service on the Michael J. Lewandowski,
2. The Voting Trust Agreement
phone or in a physical store and Among Certain Shareholders of NW
Associate Secretary of the Board.
receives a paper bill by regular mail— Bancshares, Inc., Chippewa Falls,
[FR Doc. 2015–28324 Filed 11–5–15; 8:45 am]
email would not be a means reasonably Wisconsin (``Colbert Family Voting
BILLING CODE 6210–01–P Trust''), B. James Colbert, Chippewa
calculated to reach that subscriber.
Falls, Wisconsin, and Bradford J.
Federal Communications Commission. Colbert III, Plymouth, Minnesota,
Marlene H. Dortch, FEDERAL RESERVE SYSTEM
individually and as trustees of the
Secretary. Colbert Family Voting Trust, and the
Change in Bank Control Notices;
[FR Doc. 2015–28302 Filed 11–5–15; 8:45 am] Acquisitions of Shares of a Bank or following parties to the Colbert Family
BILLING CODE 6712–01–P Bank Holding Company Voting Trust, the B. James Colbert
Exempt QSST Trust, the Thomas John
The notificants listed below have Despins Exempt QSST Trust, the Penny
FEDERAL RESERVE SYSTEM applied under the Change in Bank D. Jurss Exempt QSST Trust, the
Control Act (12 U.S.C. 1817(j)) and Bradford J. Colbert III Exempt QSST
Formations of, Acquisitions by, and § 225.41 of the Board’s Regulation Y (12 Trust, the Dee Dee A. Korth Exempt
Mergers of Bank Holding Companies CFR 225.41) to acquire shares of a bank QSST Trust, and the Thomas James
or bank holding company. The factors Despins Exempt QSST Trust, all of
The companies listed in this notice that are considered in acting on the Chippewa Falls Wisconsin, (B. James
have applied to the Board for approval, notices are set forth in paragraph 7 of Colbert and Bradford J. Colbert III,
pursuant to the Bank Holding Company the Act (12 U.S.C. 1817(j)(7)). trustees); Thomas John Despins, De
Act of 1956 (12 U.S.C. 1841 et seq.) The notices are available for Pere, Wisconsin, Penny D. Jurss, Wales,
(BHC Act), Regulation Y (12 CFR part immediate inspection at the Federal Wisconsin, and the B. James Colbert and
225), and all other applicable statutes Reserve Bank indicated. The notices Kathryn M. Colbert Revocable Trust
and regulations to become a bank also will be available for inspection at dated September 25, 2001, Kathryn M.
holding company and/or to acquire the the offices of the Board of Governors. Colbert, individually and as trustee,
assets or the ownership of, control of, or Interested persons may express their both of Chippewa Falls, Wisconsin, as a
the power to vote shares of a bank or views in writing to the Reserve Bank group acting in concert, to acquire and
bank holding company and all of the indicated for that notice or to the offices retain voting shares of NW Bancshares,
banks and nonbanking companies of the Board of Governors. Comments Inc., and thereby indirectly acquire and
owned by the bank holding company, must be received not later than retain voting shares of The
including the companies listed below. November 23, 2015. Northwestern Bank, both in Chippewa
mstockstill on DSK4VPTVN1PROD with NOTICES

The applications listed below, as well A. Federal Reserve Bank of Chicago Falls, Wisconsin.
as other related filings required by the (Colette A. Fried, Assistant Vice
Board, are available for immediate President) 230 South LaSalle Street, Board of Governors of the Federal Reserve
inspection at the Federal Reserve Bank System, November 3, 2015.
Chicago, Illinois 60690–1414:
indicated. The applications will also be 1. The 2012 Clair J. Lensing Michael J. Lewandowski,
available for inspection at the offices of Irrevocable Trust, Susan J. Elizondo Associate Secretary of the Board.
the Board of Governors. Interested GST-Exempt Under the Trust, James F. [FR Doc. 2015–28323 Filed 11–5–15; 8:45 am]
persons may express their views in Lensing GST-Exempt Under the Trust, BILLING CODE 6210–01–P

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Document Created: 2015-12-14 15:08:47
Document Modified: 2015-12-14 15:08:47

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 68870