82 FR 41023 - Formations of, Acquisitions by, and Mergers of Bank Holding Companies

FEDERAL RESERVE SYSTEM

Federal Register Volume 82, Issue 166 (August 29, 2017)

Page Range		41023-41023
FR Document		2017-18319

Federal Register, Volume 82 Issue 166 (Tuesday, August 29, 2017)

[Federal Register Volume 82, Number 166 (Tuesday, August 29, 2017)]
[Notices]
[Page 41023]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2017-18319]


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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 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 September 25, 2017.
    A. Federal Reserve Bank of New York (Ivan Hurwitz, Vice President) 
33 Liberty Street, New York, New York 10045-0001. Comments can also be 
sent electronically to [email protected]:
    1. Valley National Bancorp, Wayne, New Jersey; to merge with 
USAmeriBancorp, and thereby indirectly acquire USAmeriBank, both in 
Clearwater, Florida.
    B. Federal Reserve Bank of Richmond (Adam M. Drimer, Assistant Vice 
President) 701 East Byrd Street, Richmond, Virginia 23261-4528. 
Comments can also be sent electronically to or 
[email protected]:
    1. First Citizens Bancshares, Inc., Raleigh, North Carolina; to 
acquire up to 80 percent of the voting shares of KS Bancorp, Inc., and 
thereby indirectly acquire voting shares of KS Bank, Inc., both in 
Smithfield, North Carolina.

    Board of Governors of the Federal Reserve System, August 24, 
2017.
Yao-Chin Chao,
Assistant Secretary of the Board.
[FR Doc. 2017-18319 Filed 8-28-17; 8:45 am]
BILLING CODE 6210-01-P

Federal Register / Vol. 82, No. 166 / Tuesday, August 29, 2017 / Notices 41023

Total estimated cost: $1.1 million, USAmeriBancorp, and thereby Swan, III, as trustee, both of Harrah,
includes $20 annualized capital or indirectly acquire USAmeriBank, both Oklahoma; the Frank R. Swan, III Trust
operation & maintenance costs. in Clearwater, Florida. of the 1992 Swan GST Exemption Trusts
Changes in estimates: There is no B. Federal Reserve Bank of Richmond and Christy L. Slama, as trustee, both of
change in the hours in the total (Adam M. Drimer, Assistant Vice Harrah, Oklahoma; the Christy Lee
estimated respondent burden compared President) 701 East Byrd Street, Slama Trust of the 1992 Swan GST
with the ICR currently approved by Richmond, Virginia 23261–4528. Exemption Trusts and Frank R. Swan,
OMB. The use of ethanol in gasoline has Comments can also be sent III, as trustee, both of Harrah,
increased slightly, but that has been electronically to or Oklahoma; the Ashley Diane Swan Trust
offset by a slight decrease in gasoline Comments.applications@rich.frb.org: of the 1992 GST Exemption Trust, and
consumption. 1. First Citizens Bancshares, Inc., Christy L. Slama and Frank R. Swan, III,
Raleigh, North Carolina; to acquire up to as co-trustees, all of Harrah, Oklahoma;
Courtney Kerwin, 80 percent of the voting shares of KS the Nancy L. Cuff Revocable Living
Director, Regulatory Support Division. Bancorp, Inc., and thereby indirectly Trust uad 3–23–2017, and Nancy Lynn
[FR Doc. 2017–18296 Filed 8–28–17; 8:45 am] acquire voting shares of KS Bank, Inc., Cuff, as trustee, both of Oklahoma City,
BILLING CODE 6560–50–P both in Smithfield, North Carolina. Oklahoma; the Frank R. Swan, III
Board of Governors of the Federal Reserve Revocable Trust dated 9–19–2001, and
System, August 24, 2017. Frank R. Swan, III and Mysti D. Swan,
FEDERAL RESERVE SYSTEM Yao-Chin Chao, as co-trustees, all of Harrah, Oklahoma;
Assistant Secretary of the Board. the Christy L. Slama Revocable Trust
Formations of, Acquisitions by, and dated 2–28–2003, and Steven Slama
[FR Doc. 2017–18319 Filed 8–28–17; 8:45 am]
Mergers of Bank Holding Companies and Christy L. Slama, as co-trustees, all
BILLING CODE 6210–01–P
of Harrah, Oklahoma; the Ashley Diane
The companies listed in this notice
Swan 2016 Estate Trust, and Christy L.
have applied to the Board for approval,
FEDERAL RESERVE SYSTEM Slama, as trustee, both of Harrah,
pursuant to the Bank Holding Company
Oklahoma; Bradley J. Swan, II, Harrah,
Act of 1956 (12 U.S.C. 1841 et seq.)
Change in Bank Control Notices; Oklahoma; and the Esther Martin Swan
(BHC Act), Regulation Y (12 CFR part
Acquisitions of Shares of a Bank or QTIP Trust, and Gregg L. Vandaveer, as
225), and all other applicable statutes
Bank Holding Company trustee, both of Oklahoma City,
and regulations to become a bank
Oklahoma.
holding company and/or to acquire the The notificants listed below have
assets or the ownership of, control of, or Board of Governors of the Federal Reserve
applied under the Change in Bank System, August 24, 2017.
the power to vote shares of a bank or Control Act (12 U.S.C. 1817(j)) and
bank holding company and all of the Yao-Chin Chao,
§ 225.41 of the Board’s Regulation Y (12
banks and nonbanking companies Assistant Secretary of the Board.
CFR 225.41) to acquire shares of a bank
owned by the bank holding company, or bank holding company. The factors [FR Doc. 2017–18318 Filed 8–28–17; 8:45 am]
including the companies listed below. that are considered in acting on the BILLING CODE 6210–01–P
The applications listed below, as well notices are set forth in paragraph 7 of
as other related filings required by the the Act (12 U.S.C. 1817(j)(7)).
Board, are available for immediate The notices are available for FEDERAL RESERVE SYSTEM
inspection at the Federal Reserve Bank immediate inspection at the Federal
indicated. The applications will also be Formations of, Acquisitions by, and
Reserve Bank indicated. The notices Mergers of Bank Holding Companies
available for inspection at the offices of also will be available for inspection at
the Board of Governors. Interested the offices of the Board of Governors. The companies listed in this notice
persons may express their views in Interested persons may express their have applied to the Board for approval,
writing on the standards enumerated in views in writing to the Reserve Bank pursuant to the Bank Holding Company
the BHC Act (12 U.S.C. 1842(c)). If the indicated for that notice or to the offices Act of 1956 (12 U.S.C. 1841 et seq.)
proposal also involves the acquisition of of the Board of Governors. Comments (BHC Act), Regulation Y (12 CFR part
a nonbanking company, the review also must be received not later than 225), and all other applicable statutes
includes whether the acquisition of the September 13, 2017. and regulations to become a bank
nonbanking company complies with the A. Federal Reserve Bank of Kansas holding company and/or to acquire the
standards in section 4 of the BHC Act City (Dennis Denney, Assistant Vice assets or the ownership of, control of, or
(12 U.S.C. 1843). Unless otherwise President) 1 Memorial Drive, Kansas the power to vote shares of a bank or
noted, nonbanking activities will be City, Missouri 64198–0001: bank holding company and all of the
conducted throughout the United States. 1. Bradley J. Swan and Frank R. banks and nonbanking companies
Unless otherwise noted, comments Swan, III, as trustees of multiple Swan owned by the bank holding company,
regarding each of these applications family trusts, each to retain voting including the companies listed below.
must be received at the Reserve Bank shares of Tuttle Bancshares, Inc. The applications listed below, as well
indicated or the offices of the Board of (Tuttle), and thereby indirectly retain as other related filings required by the
Governors not later than September 25, voting shares of Sooner State Bank, both Board, are available for immediate
2017. in Tuttle, Oklahoma; and the following inspection at the Federal Reserve Bank
A. Federal Reserve Bank of New York persons to retain voting shares of Tuttle indicated. The applications will also be
sradovich on DSK3GMQ082PROD with NOTICES

(Ivan Hurwitz, Vice President) 33 as members of the Swan Family Group available for inspection at the offices of
Liberty Street, New York, New York as a group acting in concert: The the Board of Governors. Interested
10045–0001. Comments can also be sent Bradley J. Swan Revocable Trust dated persons may express their views in
electronically to 12–8–2015, and Bradley J. Swan and writing on the standards enumerated in
Comments.applications@ny.frb.org: Cathy Swan, as co-trustees, all of the BHC Act (12 U.S.C. 1842(c)). If the
1. Valley National Bancorp, Wayne, Kingston, Oklahoma; the Frank Rudell proposal also involves the acquisition of
New Jersey; to merge with Swan Jr. Family Trust and Frank R. a nonbanking company, the review also

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Document Created: 2017-08-29 01:58:14
Document Modified: 2017-08-29 01:58:14

Category		Regulatory Information
Collection		Federal Register
sudoc Class		AE 2.7: GS 4.107: AE 2.106:
Publisher		Office of the Federal Register, National Archives and Records Administration
Section		Notices
FR Citation		82 FR 41023