81 FR 57909 - Formations of, Acquisitions by, and Mergers of Savings and Loan Holding Companies

FEDERAL RESERVE SYSTEM

Federal Register Volume 81, Issue 164 (August 24, 2016)

[Federal Register Volume 81, Number 164 (Wednesday, August 24, 2016)]
[Notices]
[Pages 57909-57910]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-20202]


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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.

[[Page 57910]]

    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 September 18, 2016.
    A. Federal Reserve Bank of Atlanta (Chapelle Davis, Assistant Vice 
President) 1000 Peachtree Street NE., Atlanta, Georgia 30309. Comments 
can also be sent electronically to [email protected]:
    1. Sunshine Bancorp, Inc., Plant City, Florida (``Sunshine''); to 
become a savings and loan holding company. Sunshine currently is a 
savings and loan holding company; Sunshine proposes to become a bank 
holding company for a moment in time by merging with FNB Bancorp Inc., 
Orlando, Florida and acquire its subsidiary bank, Florida Bank of 
Commerce, Orlando Florida, (``FB Bank''). Sunshine also has applied to 
retain its savings association, Sunshine Bank, Plant City, Florida. 
After the acquisition, Sunshine proposes to merge FB Bank with Sunshine 
Bank, with Sunshine Bank as the surviving entity, and become a savings 
and loan holding company.

    Board of Governors of the Federal Reserve System, August 18, 
2016.
Margaret M. Shanks,
Deputy Secretary of the Board.
[FR Doc. 2016-20202 Filed 8-23-16; 8:45 am]
 BILLING CODE 6210-01-P