81 FR 9467 - Notice of Proposals To Engage in or To Acquire Companies Engaged in Permissible Nonbanking Activities

FEDERAL RESERVE SYSTEM

Federal Register Volume 81, Issue 37 (February 25, 2016)

[Federal Register Volume 81, Number 37 (Thursday, February 25, 2016)]
[Notices]
[Page 9467]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-04059]


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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 notices must be 
received at the Reserve Bank indicated or the offices of the Board of 
Governors not later than March 21, 2016.
    A. Federal Reserve Bank of San Francisco (Gerald C. Tsai, Director, 
Applications and Enforcement), 101 Market Street, San Francisco, 
California 94105-1579:
    1. H Bancorp LLC, Irvine, California; to merge with Hopkins 
Bancorp, Inc., Baltimore, Maryland, and thereby indirectly acquire 
Hopkins Federal Savings Bank, Baltimore, Maryland. Upon acquisition, 
Hopkins Federal Savings Bank will merge into Bay Bank, FSB, Lutherville 
Timonium, Maryland, a wholly-owned subsidiary of Bay Bancorp, Inc.
    In connection with this application, Applicant also has applied to 
acquire to acquire 51 percent of iReverse Home Loans, LLC, Owings Mill, 
Maryland, and thereby engage in activities related to extending credit, 
pursuant to sections 225.28(b)(1) and (b)(2) of Regulation Y.

    Board of Governors of the Federal Reserve System, February 22, 
2016.
Michael J. Lewandowski,
Associate Secretary of the Board.
[FR Doc. 2016-04059 Filed 2-24-16; 8:45 am]
 BILLING CODE 6210-01-P