83 FR 2987 - Formations of, Acquisitions by, and Mergers of Savings and Loan Holding Companies

FEDERAL RESERVE SYSTEM

Federal Register Volume 83, Issue 14 (January 22, 2018)

[Federal Register Volume 83, Number 14 (Monday, January 22, 2018)]
[Notices]
[Pages 2987-2988]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-00947]


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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

[[Page 2988]]

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 15, 2018.
    A. Federal Reserve Bank of Philadelphia (William Spaniel, Senior 
Vice President) 100 North 6th Street, Philadelphia, Pennsylvania 19105-
1521. Comments can also be sent electronically to 
[email protected]:

    1. William Penn Mutual Holding Company and William Penn Bancorp, 
Levittown, Pennsylvania; to acquire voting shares of Audubon Savings 
Bank, Audubon, New Jersey, and thereby merge it with William Penn Bank, 
Levittown, Pennsylvania.

    Board of Governors of the Federal Reserve System, January 16, 
2018.
Ann E. Misback,
Secretary of the Board.
[FR Doc. 2018-00947 Filed 1-19-18; 8:45 am]
 BILLING CODE P