82 FR 8424 - Formations of, Acquisitions by, and Mergers of Savings and Loan Holding Companies

FEDERAL RESERVE SYSTEM

Federal Register Volume 82, Issue 15 (January 25, 2017)

Page Range		8424-8424
FR Document		2017-01669

Federal Register, Volume 82 Issue 15 (Wednesday, January 25, 2017)

[Federal Register Volume 82, Number 15 (Wednesday, January 25, 2017)]
[Notices]
[Page 8424]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2017-01669]


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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.
    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 February 21, 2017.
    A. Federal Reserve Bank of Chicago (Colette A. Fried, Assistant 
Vice President) 230 South LaSalle Street, Chicago, Illinois 60690-1414:
    1. Hoyne Savings, MHC and Hoyne Financial Corporation, both of 
Chicago, Illinois; to acquire Prospect Federal Savings Bank, through 
the merger of Prospect Federal Savings Bank, Worth, Illinois with Hoyne 
Savings Bank, the wholly owned subsidiary of Hoyne Financial 
Corporation, both of Chicago, Illinois.

    Board of Governors of the Federal Reserve System, January 19, 
2017.
Yao-Chin Chao,
Assistant Secretary of the Board.
[FR Doc. 2017-01669 Filed 1-24-17; 8:45 am]
 BILLING CODE 6210-01-P

8424 Federal Register / Vol. 82, No. 15 / Wednesday, January 25, 2017 / Notices

(TTY). A copy is also available for considered which are not sent within FEDERAL RESERVE SYSTEM
inspection and reproduction at the this time frame.
address in paragraph h. Dated: January 19, 2017.
Formations of, Acquisitions by, and
o. The licensee states its unequivocal Mergers of Savings and Loan Holding
intent to submit an application for a Federal Deposit Insurance Corporation.
Companies
new license for Project No. 10887–028. Robert E. Feldman,
Pursuant to 18 CFR 16.8, 16.9, and 16.10 Executive Secretary. The companies listed in this notice
each application for a new license and [FR Doc. 2017–01660 Filed 1–24–17; 8:45 am] have applied to the Board for approval,
any competing license applications BILLING CODE 6714–01–P pursuant to the Home Owners’ Loan Act
must be filed with the Commission at (12 U.S.C. 1461 et seq.) (HOLA),
least 24 months prior to the expiration Regulation LL (12 CFR part 238), and
of the existing license. All applications FEDERAL DEPOSIT INSURANCE Regulation MM (12 CFR part 239), and
for license for this project must be filed CORPORATION all other applicable statutes and
by October 31, 2019. regulations to become a savings and
p. Register online at http:// Notice to All Interested Parties of the loan holding company and/or to acquire
www.ferc.gov/docs-filing/ Termination of the Receivership of the assets or the ownership of, control
esubscription.asp to be notified via
10106—CapitalSouth Bank, of, or the power to vote shares of a
email of new filing and issuances
Birmingham, Alabama savings association and nonbanking
related to this or other pending projects.
companies owned by the savings and
For assistance, contact FERC Online Notice is hereby given that the Federal
Support. loan holding company, including the
Deposit Insurance Corporation (‘‘FDIC’’) companies listed below.
Dated: January 18, 2017. as Receiver for CapitalSouth Bank, The applications listed below, as well
Kimberly D. Bose, Birmingham, Alabama (‘‘the Receiver’’) as other related filings required by the
Secretary. intends to terminate its receivership for Board, are available for immediate
[FR Doc. 2017–01674 Filed 1–24–17; 8:45 am] said institution. The FDIC was inspection at the Federal Reserve Bank
BILLING CODE 6717–01–P appointed receiver of CapitalSouth Bank indicated. The application also will be
on August 21, 2009. The liquidation of available for inspection at the offices of
the receivership assets has been the Board of Governors. Interested
FEDERAL DEPOSIT INSURANCE completed. To the extent permitted by persons may express their views in
CORPORATION available funds and in accordance with writing on the standards enumerated in
law, the Receiver will be making a final the HOLA (12 U.S.C. 1467a(e)). If the
Notice to All Interested Parties of the
dividend payment to proven creditors. proposal also involves the acquisition of
Termination of the Receivership of
10432—Fidelity Bank, Dearborn, Based upon the foregoing, the a nonbanking company, the review also
Michigan Receiver has determined that the includes whether the acquisition of the
continued existence of the receivership nonbanking company complies with the
Notice is hereby given that the Federal will serve no useful purpose. standards in section 10(c)(4)(B) of the
Deposit Insurance Corporation (‘‘FDIC’’) HOLA (12 U.S.C. 1467a(c)(4)(B)). Unless
Consequently, notice is given that the
as Receiver for Fidelity Bank, Dearborn, otherwise noted, nonbanking activities
receivership shall be terminated, to be
Michigan (‘‘the Receiver’’) intends to will be conducted throughout the
terminate its receivership for said effective no sooner than thirty days after
the date of this Notice. If any person United States.
institution. The FDIC was appointed
receiver of Fidelity Bank on March 30, wishes to comment concerning the Unless otherwise noted, comments
2012. The liquidation of the termination of the receivership, such regarding each of these applications
receivership assets has been completed. comment must be made in writing and must be received at the Reserve Bank
To the extent permitted by available sent within thirty days of the date of indicated or the offices of the Board of
funds and in accordance with law, the this Notice to: Federal Deposit Governors not later than February 21,
Receiver will be making a final dividend Insurance Corporation, Division of 2017.
payment to proven creditors. Resolutions and Receiverships, A. Federal Reserve Bank of Chicago
Based upon the foregoing, the Attention: Receivership Oversight (Colette A. Fried, Assistant Vice
Receiver has determined that the Department 34.6, 1601 Bryan Street, President) 230 South LaSalle Street,
continued existence of the receivership Dallas, TX 75201. Chicago, Illinois 60690–1414:
will serve no useful purpose.
Consequently, notice is given that the No comments concerning the 1. Hoyne Savings, MHC and Hoyne
receivership shall be terminated, to be termination of this receivership will be Financial Corporation, both of Chicago,
effective no sooner than thirty days after considered which are not sent within Illinois; to acquire Prospect Federal
the date of this Notice. If any person this time frame. Savings Bank, through the merger of
wishes to comment concerning the Dated: January 19, 2017. Prospect Federal Savings Bank, Worth,
termination of the receivership, such Illinois with Hoyne Savings Bank, the
Federal Deposit Insurance Corporation.
comment must be made in writing and wholly owned subsidiary of Hoyne
Robert E. Feldman, Financial Corporation, both of Chicago,
sent within thirty days of the date of
Executive Secretary. Illinois.
mstockstill on DSK3G9T082PROD with NOTICES

this Notice to: Federal Deposit
Insurance Corporation, Division of [FR Doc. 2017–01659 Filed 1–24–17; 8:45 am]
Board of Governors of the Federal Reserve
Resolutions and Receiverships, BILLING CODE 6714–01–P
System, January 19, 2017.
Attention: Receivership Oversight
Yao-Chin Chao,
Department 34.6, 1601 Bryan Street,
Dallas, TX 75201. Assistant Secretary of the Board.
No comments concerning the [FR Doc. 2017–01669 Filed 1–24–17; 8:45 am]
termination of this receivership will be BILLING CODE 6210–01–P

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Document Created: 2017-01-25 00:08:41
Document Modified: 2017-01-25 00:08:41

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 8424