83 FR 1616 - Notice of Proposals To Engage in or To Acquire Companies Engaged in Permissible Nonbanking Activities

FEDERAL RESERVE SYSTEM

Federal Register Volume 83, Issue 9 (January 12, 2018)

[Federal Register Volume 83, Number 9 (Friday, January 12, 2018)]
[Notices]
[Page 1616]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-00433]


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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 applications must be 
received at the Reserve Bank indicated or the offices of the Board of 
Governors not later than February 8, 2018.
    A. 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 
[email protected]:
    1. Old Line Bancshares, Inc., Bowie, Maryland; to acquire 100 
percent of the voting shares of Bay Bancorp, Inc., Columbia, Maryland, 
and thereby indirectly acquire Bay Bank, FSB, Columbia, Maryland, and 
thereby engage in operating a savings association, pursuant to section 
225.28(b)(4)(ii) of Regulation Y.

    Board of Governors of the Federal Reserve System, January 9, 
2018.
Ann E. Misback,
Secretary of the Board.
[FR Doc. 2018-00433 Filed 1-11-18; 8:45 am]
 BILLING CODE 6210-01-P