81 FR 38180 - Formations of, Acquisitions by, and Mergers of Savings and Loan Holding Companies

FEDERAL RESERVE SYSTEM

Federal Register Volume 81, Issue 113 (June 13, 2016)

Page Range38180-38180
FR Document2016-13884

Federal Register, Volume 81 Issue 113 (Monday, June 13, 2016)
[Federal Register Volume 81, Number 113 (Monday, June 13, 2016)]
[Notices]
[Page 38180]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-13884]


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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 July 7, 2016.
    A. Federal Reserve Bank of Chicago (Colette A. Fried, Assistant 
Vice President) 230 South LaSalle Street, Chicago, Illinois 60690-1414:
    1. Ottawa Savings Bancorp, MHC, Ottawa, Illinois; to convert to 
stock form and merge with and into Ottawa Savings Bancorp, Inc., 
Ottawa, Illinois. In connection with this application, Ottawa Savings 
Bancorp, Inc. will be merged into Ottawa Bancorp, Inc., which has 
applied to become a savings and loan holding company by acquiring 100 
percent of the voting shares of Ottawa Savings Bank, Ottawa, Illinois.
    B. Federal Reserve Bank of Dallas (Robert L. Triplett III, Senior 
Vice President) 2200 North Pearl Street, Dallas, Texas 75201-2272:
    1. Bancorp 34, Inc.; to become a savings and loan holding company 
by acquiring 100 percent of Bank 34, both in Alamogordo, New Mexico. 
Upon the conversion of AF Mutual Holding Company to stock form, AF 
Mutual Holding Company and Alamogordo Financial Corp, both in 
Alamogordo, New Mexico, will cease to exist, and Bank 34 will become a 
wholly-owned subsidiary of Bancorp 34, Inc.

    Board of Governors of the Federal Reserve System, June 8, 2016.
Michele Taylor Fennell,
Assistant Secretary of the Board.
[FR Doc. 2016-13884 Filed 6-10-16; 8:45 am]
 BILLING CODE 6210-01-P


Current View
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 Citation81 FR 38180 

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