82 FR 50426 - Formations of, Acquisitions by, and Mergers of Savings and Loan Holding Companies

FEDERAL RESERVE SYSTEM

Federal Register Volume 82, Issue 209 (October 31, 2017)

Page Range50426-50427
FR Document2017-23681

Federal Register, Volume 82 Issue 209 (Tuesday, October 31, 2017)
[Federal Register Volume 82, Number 209 (Tuesday, October 31, 2017)]
[Notices]
[Pages 50426-50427]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2017-23681]


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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

[[Page 50427]]

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 November 28, 2017.
    A. Federal Reserve Bank of Atlanta (Kathryn Haney, Director of 
Applications) 1000 Peachtree Street NE., Atlanta, Georgia 30309. 
Comments can also be sent electronically to 
[email protected]:
    1. Southeastern Bancorp, Inc., Dickson, Tennessee; to merge with 
Cumberland Bancorp Inc., and thereby acquire Cumberland Bank & Trust, 
both of Clarksville, Tennessee. Southeastern Bancorp, Inc. will retain 
ownership of its savings association subsidiary, First Federal Bank, 
Dickson, Tennessee, and thereby continue to engage in operating a 
savings association. Southeastern Bancorp, Inc. will convert back to a 
savings and loan holding company after the merger of Cumberland Bank & 
Trust with and into First Federal Bank.

    Board of Governors of the Federal Reserve System, October 26, 
2017.
Ann E. Misback,
Secretary of the Board.
[FR Doc. 2017-23681 Filed 10-30-17; 8:45 am]
BILLING CODE 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 Citation82 FR 50426 

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