80_FR_9756 80 FR 9720 - Notice of Proposals To Engage in or To Acquire Companies Engaged in Permissible Nonbanking Activities

80 FR 9720 - Notice of Proposals To Engage in or To Acquire Companies Engaged in Permissible Nonbanking Activities

FEDERAL RESERVE SYSTEM

Federal Register Volume 80, Issue 36 (February 24, 2015)

Page Range9720-9720
FR Document2015-03720

Federal Register, Volume 80 Issue 36 (Tuesday, February 24, 2015)
[Federal Register Volume 80, Number 36 (Tuesday, February 24, 2015)]
[Notices]
[Page 9720]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2015-03720]


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FEDERAL RESERVE SYSTEM


Notice of Proposals To Engage in or To Acquire Companies Engaged 
in Permissible Nonbanking Activities

    The companies listed in this notice have given notice under section 
4 of the Bank Holding Company Act (12 U.S.C. 1843) (BHC Act) and 
Regulation Y, (12 CFR part 225) to engage de novo, or to acquire or 
control voting securities or assets of a company, including the 
companies listed below, that engages either directly or through a 
subsidiary or other company, in a nonbanking activity that is listed in 
Sec.  225.28 of Regulation Y (12 CFR 225.28) or that the Board has 
determined by Order to be closely related to banking and permissible 
for bank holding companies. Unless otherwise noted, these activities 
will be conducted throughout the United States.
    Each notice is available for inspection at the Federal Reserve Bank 
indicated. The notice also will be available for inspection at the 
offices of the Board of Governors. 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 not later than March 11, 2015.
    A. Federal Reserve Bank of Boston (Richard Walker, Community 
Affairs Officer) 600 Atlantic Avenue, Boston, Massachusetts 02210-2204.
    1. New Hampshire Mutual Bancorp, Manchester, New Hampshire (MHC), 
to establish MillRiver Trust Company, Concord, New Hampshire 
(MillRiver), and transfer the existing trust business from MHC's 
subsidiary banks, Merrimack County Savings Bank, Concord, New Hampshire 
and Meredith Village Savings Bank, Meredith, New Hampshire to 
MillRiver, and thereby engage in trust company, financial advisory and 
transaction activities, and the sale of insurance in a town of less 
than 5,000 in population, pursuant to sections 225.28(b)(5), (b)(6), 
(b)(7) and (b)(11)(iii)(A) of Regulation Y.
    B. Federal Reserve Bank of Atlanta (Chapelle Davis, Assistant Vice 
President) 1000 Peachtree Street NE., Atlanta, Georgia 30309:
    1. First NBC Bank Holding Company, New Orleans, Louisiana; to 
acquire 100 percent of the outstanding shares of State Investors 
Bancorp, Inc. and its subsidiary bank, State-Investors Bank both of 
Metairie, Louisiana, and thereby engage in operating a savings 
association, pursuant to section 225.28(b)(4)(ii) of Regulation Y. 
Comment regarding this application must be received by March 20, 2015.
    C. Federal Reserve Bank of Minneapolis (Jacquelyn K. Brunmeier, 
Assistant Vice President) 90 Hennepin Avenue, Minneapolis, Minnesota 
55480-0291:
    1. SSB, Inc., Manistique, Michigan; to acquire through State 
Savings Bank of Manistique, Manistique, Michigan, between 10 and 20 
percent of the stock of Lasco Development Corporation, Marquette, 
Michigan. And thereby engage in data processing activities, pursuant to 
section 225.28(b)(14) of Regulation Y.

    Board of Governors of the Federal Reserve System, February 19, 
2015.
Michael J. Lewandowski,
Assistant Secretary of the Board.
[FR Doc. 2015-03720 Filed 2-23-15; 8:45 am]
BILLING CODE 6210-01-P



                                              9720                        Federal Register / Vol. 80, No. 36 / Tuesday, February 24, 2015 / Notices

                                              Republic Bank, Inc., both in Duluth,                    Assistant Vice President) 90 Hennepin                 Merrimack County Savings Bank,
                                              Minnesota.                                              Avenue, Minneapolis, Minnesota                        Concord, New Hampshire and Meredith
                                                Board of Governors of the Federal Reserve             55480–0291:                                           Village Savings Bank, Meredith, New
                                              System, February 19, 2015.                                1. American Bancor, Ltd., Dickinson,                Hampshire to MillRiver, and thereby
                                              Michael J. Lewandowski,                                 North Dakota; to acquire 100 percent of               engage in trust company, financial
                                              Associate Secretary of the Board.
                                                                                                      the voting shares of United Community                 advisory and transaction activities, and
                                                                                                      Bank of North Dakota, Leeds, North                    the sale of insurance in a town of less
                                              [FR Doc. 2015–03719 Filed 2–23–15; 8:45 am]
                                                                                                      Dakota.                                               than 5,000 in population, pursuant to
                                              BILLING CODE 6210–01–P                                    2. Landmark Investor Group, Inc.,                   sections 225.28(b)(5), (b)(6), (b)(7) and
                                                                                                      Eden Prairie, Minnesota; to become a                  (b)(11)(iii)(A) of Regulation Y.
                                                                                                      bank holding company by acquiring 100                   B. Federal Reserve Bank of Atlanta
                                              FEDERAL RESERVE SYSTEM                                                                                        (Chapelle Davis, Assistant Vice
                                                                                                      percent of the voting shares of
                                              Formations of, Acquisitions by, and                     Landmark Community Bank, National                     President) 1000 Peachtree Street NE.,
                                              Mergers of Bank Holding Companies                       Association, Isanti, Minnesota.                       Atlanta, Georgia 30309:
                                                                                                        Board of Governors of the Federal Reserve             1. First NBC Bank Holding Company,
                                                The companies listed in this notice                   System, February 19, 2015.                            New Orleans, Louisiana; to acquire 100
                                              have applied to the Board for approval,                 Michael J. Lewandowski,                               percent of the outstanding shares of
                                              pursuant to the Bank Holding Company                                                                          State Investors Bancorp, Inc. and its
                                                                                                      Associate Secretary of the Board.
                                              Act of 1956 (12 U.S.C. 1841 et seq.)                                                                          subsidiary bank, State-Investors Bank
                                                                                                      [FR Doc. 2015–03718 Filed 2–23–15; 8:45 am]
                                              (BHC Act), Regulation Y (12 CFR part                                                                          both of Metairie, Louisiana, and thereby
                                              225), and all other applicable statutes                 BILLING CODE 6210–01–P
                                                                                                                                                            engage in operating a savings
                                              and regulations to become a bank                                                                              association, pursuant to section
                                              holding company and/or to acquire the                                                                         225.28(b)(4)(ii) of Regulation Y.
                                                                                                      FEDERAL RESERVE SYSTEM
                                              assets or the ownership of, control of, or                                                                    Comment regarding this application
                                              the power to vote shares of a bank or                   Notice of Proposals To Engage in or                   must be received by March 20, 2015.
                                              bank holding company and all of the                     To Acquire Companies Engaged in                         C. Federal Reserve Bank of
                                              banks and nonbanking companies                          Permissible Nonbanking Activities                     Minneapolis (Jacquelyn K. Brunmeier,
                                              owned by the bank holding company,                                                                            Assistant Vice President) 90 Hennepin
                                              including the companies listed below.                      The companies listed in this notice                Avenue, Minneapolis, Minnesota
                                                The applications listed below, as well                have given notice under section 4 of the              55480–0291:
                                              as other related filings required by the                Bank Holding Company Act (12 U.S.C.                     1. SSB, Inc., Manistique, Michigan; to
                                              Board, are available for immediate                      1843) (BHC Act) and Regulation Y, (12                 acquire through State Savings Bank of
                                              inspection at the Federal Reserve Bank                  CFR part 225) to engage de novo, or to                Manistique, Manistique, Michigan,
                                              indicated. The applications will also be                acquire or control voting securities or               between 10 and 20 percent of the stock
                                              available for inspection at the offices of              assets of a company, including the                    of Lasco Development Corporation,
                                              the Board of Governors. Interested                      companies listed below, that engages                  Marquette, Michigan. And thereby
                                              persons may express their views in                      either directly or through a subsidiary or            engage in data processing activities,
                                              writing on the standards enumerated in                  other company, in a nonbanking activity               pursuant to section 225.28(b)(14) of
                                              the BHC Act (12 U.S.C. 1842(c)). If the                 that is listed in § 225.28 of Regulation Y            Regulation Y.
                                              proposal also involves the acquisition of               (12 CFR 225.28) or that the Board has                   Board of Governors of the Federal Reserve
                                              a nonbanking company, the review also                   determined by Order to be closely                     System, February 19, 2015.
                                              includes whether the acquisition of the                 related to banking and permissible for                Michael J. Lewandowski,
                                              nonbanking company complies with the                    bank holding companies. Unless                        Assistant Secretary of the Board.
                                              standards in section 4 of the BHC Act                   otherwise noted, these activities will be
                                                                                                                                                            [FR Doc. 2015–03720 Filed 2–23–15; 8:45 am]
                                              (12 U.S.C. 1843). Unless otherwise                      conducted throughout the United States.
                                                                                                                                                            BILLING CODE 6210–01–P
                                              noted, nonbanking activities will be                       Each notice is available for inspection
                                              conducted throughout the United States.                 at the Federal Reserve Bank indicated.
                                                Unless otherwise noted, comments                      The notice also will be available for
                                              regarding each of these applications                    inspection at the offices of the Board of             FEDERAL TRADE COMMISSION
                                              must be received at the Reserve Bank                    Governors. Interested persons may
                                                                                                                                                            Agency Information Collection
                                              indicated or the offices of the Board of                express their views in writing on the
                                                                                                                                                            Activities; Submission for OMB
                                              Governors not later than March 20,                      question whether the proposal complies
                                                                                                                                                            Review; Comment Request
                                              2015.                                                   with the standards of section 4 of the
                                                A. Federal Reserve Bank of Atlanta                    BHC Act.                                              AGENCY: Federal Trade Commission
                                              (Chapelle Davis, Assistant Vice                            Unless otherwise noted, comments                   (‘‘Commission’’ or ‘‘FTC’’).
                                              President) 1000 Peachtree Street NE.,                   regarding the applications must be                    ACTION: Notice.
                                              Atlanta, Georgia 30309:                                 received at the Reserve Bank indicated
                                                1. Merchants & Farmers Bancshares,                    or the offices of the Board of Governors              SUMMARY:   The FTC intends to conduct
                                              Inc., Leesville, Louisiana; to merge with               not later than March 11, 2015.                        an evaluation of Admongo, its
                                              Vernon Bancshares, Inc., and thereby                       A. Federal Reserve Bank of Boston                  advertising literacy program for children
                                              indirectly acquire Vernon Bank, both in                 (Richard Walker, Community Affairs                    ages 8–12. The evaluation will involve
                                              Leesville, Louisiana.                                   Officer) 600 Atlantic Avenue, Boston,                 a randomized controlled trial of the
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                                                2. United Community Banks, Inc.,                      Massachusetts 02210–2204.                             Admongo online game, using an
                                              Blairsville, Georgia, to merge with                        1. New Hampshire Mutual Bancorp,                   Internet panel recruited by a market
                                              MoneyTree Corporation, and thereby                      Manchester, New Hampshire (MHC), to                   research company. This research will be
                                              indirectly acquire First National Bank,                 establish MillRiver Trust Company,                    conducted to further the FTC’s mission
                                              both in Lenoir City, Tennessee.                         Concord, New Hampshire (MillRiver),                   of protecting consumers from unfair and
                                                B. Federal Reserve Bank of                            and transfer the existing trust business              deceptive marketing. The information
                                              Minneapolis (Jacquelyn K. Brunmeier,                    from MHC’s subsidiary banks,                          collection requirements described below


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Document Created: 2015-12-18 13:23:10
Document Modified: 2015-12-18 13:23:10
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 9720 

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