82 FR 31329 - Formations of, Acquisitions by, and Mergers of Bank Holding Companies

FEDERAL RESERVE SYSTEM

Federal Register Volume 82, Issue 128 (July 6, 2017)

[Federal Register Volume 82, Number 128 (Thursday, July 6, 2017)]
[Notices]
[Pages 31329-31330]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2017-14209]


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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

[[Page 31330]]

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 August 1, 2017.
    A. Federal Reserve Bank of Boston (Prabal Chakrabarti, Senior Vice 
President) 600 Atlantic Avenue, Boston, Massachusetts 02210-2204. 
Comments can also be sent electronically to 
[email protected]:
    1. SI Financial Group, Inc., Willimantic, Connecticut; to become a 
bank holding company in association with the revocation of its 10(1) 
election. SI Financial Group owns Savings Institute Bank and Trust 
Company, Willimantic, Connecticut.
    B. Federal Reserve Bank of Cleveland (Nadine Wallman, Vice 
President) 1455 East Sixth Street, Cleveland, Ohio 44101-2566. Comments 
can also be sent electronically to [email protected]:
    1. Wayne Savings Bancshares, Inc., Wooster, Ohio; to become a bank 
holding company by acquiring 100 percent of the voting shares of Wayne 
Savings Community Bank, Wooster, Ohio, upon its conversion to a 
commercial bank.
    C. 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. Seacoast Banking Corporation of Florida, Stuart, Florida; to 
merge with NorthStar Banking Corporation, and thereby indirectly 
acquire NorthStar Bank, both of Tampa, Florida.
    D. Federal Reserve Bank of Chicago (Colette A. Fried, Assistant 
Vice President) 230 South LaSalle Street, Chicago, Illinois 60690-1414:
    1. First Busey Corporation, Champaign, Illinois; to merge with Mid 
Illinois Bancorp, Inc., Peoria, Illinois, and thereby indirectly 
acquire South Side Trust & Savings Bank, Peoria, Illinois.

    Board of Governors of the Federal Reserve System, June 30, 2017.
Yao-Chin Chao,
Assistant Secretary of the Board.
[FR Doc. 2017-14209 Filed 7-5-17; 8:45 am]
 BILLING CODE 6210-01-P