83 FR 50371 - Formations of, Acquisitions by, and Mergers of Savings and Loan Holding Companies

FEDERAL RESERVE SYSTEM

Federal Register Volume 83, Issue 194 (October 5, 2018)

Page Range		50371-50371
FR Document		2018-21712

Federal Register, Volume 83 Issue 194 (Friday, October 5, 2018)

[Federal Register Volume 83, Number 194 (Friday, October 5, 2018)]
[Notices]
[Page 50371]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-21712]


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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 November 5, 2018.
    A. Federal Reserve Bank of Richmond (Adam M. Drimer, Assistant Vice 
President) 701 East Byrd Street, Richmond, Virginia 23219. Comments can 
also be sent electronically to or [email protected].
    1. Bay-Vanguard, MHC and BV Financial, Inc., both of Sparrows 
Point, Maryland; to acquire voting shares of Kopernik Bank, Baltimore, 
Maryland.

    Board of Governors of the Federal Reserve System, October 2, 
2018.
Yao-Chin Chao,
Assistant Secretary of the Board.
[FR Doc. 2018-21712 Filed 10-4-18; 8:45 am]
 BILLING CODE P

Federal Register / Vol. 83, No. 194 / Friday, October 5, 2018 / Notices 50371

NOTICE OF TERMINATION OF RECEIVERSHIPS
Termination
Fund Receivership name City State date

10165 ............. Peoples First Community Bank ....................................................... Panama City ............................... FL 10/1/2018
10401 ............. Blue Ridge Savings Bank, Inc ........................................................ Asheville ..................................... NC 10/1/2018
10459 ............. First United Bank ............................................................................. Crete ........................................... IL 10/1/2018

The Receiver has further irrevocably Receiver has been discharged, and the FEDERAL DEPOSIT INSURANCE
authorized and appointed FDIC- Receiverships have ceased to exist as CORPORATION
Corporate as its attorney-in-fact to legal entities.
execute and file any and all documents Notice to All Interested Parties of
Dated at Washington, DC, on October 1,
that may be required to be executed by 2018.
Intent To Terminate Receivership
the Receiver which FDIC-Corporate, in
its sole discretion, deems necessary, Federal Deposit Insurance Corporation. Notice is hereby given that the
including but not limited to releases, Robert E. Feldman, Federal Deposit Insurance Corporation
discharges, satisfactions, endorsements, Executive Secretary. (FDIC or Receiver) as Receiver for the
assignments, and deeds. Effective on the [FR Doc. 2018–21675 Filed 10–4–18; 8:45 am] institution listed below intends to
termination dates listed above, the BILLING CODE 6714–01–P terminate its receivership for said
Receiverships have been terminated, the institution.

NOTICE OF INTENT TO TERMINATE RECEIVERSHIP
Date of
Fund Receivership name City State appointment
of receiver

10451 ................ Georgia Trust Bank ....................................................................... Buford ........................................ GA 07/20/2012

The liquidation of the assets for the FEDERAL RESERVE SYSTEM will be conducted throughout the
receivership has been completed. To the United States.
extent permitted by available funds and Formations of, Acquisitions by, and Unless otherwise noted, comments
in accordance with law, the Receiver Mergers of Savings and Loan Holding regarding each of these applications
will be making a final dividend Companies must be received at the Reserve Bank
payment to proven creditors. indicated or the offices of the Board of
The companies listed in this notice
Based upon the foregoing, the Governors not later than November 5,
have applied to the Board for approval,
Receiver has determined that the 2018.
pursuant to the Home Owners’ Loan Act A. Federal Reserve Bank of Richmond
continued existence of the receivership (12 U.S.C. 1461 et seq.) (HOLA), (Adam M. Drimer, Assistant Vice
will serve no useful purpose. Regulation LL (12 CFR part 238), and President) 701 East Byrd Street,
Consequently, notice is given that the Regulation MM (12 CFR part 239), and Richmond, Virginia 23219. Comments
receivership shall be terminated, to be all other applicable statutes and can also be sent electronically to or
effective no sooner than thirty days after regulations to become a savings and Comments.applications@rich.frb.org.
the date of this notice. If any person loan holding company and/or to acquire 1. Bay-Vanguard, MHC and BV
wishes to comment concerning the the assets or the ownership of, control Financial, Inc., both of Sparrows Point,
termination of the receivership, such of, or the power to vote shares of a Maryland; to acquire voting shares of
comment must be made in writing, savings association and nonbanking Kopernik Bank, Baltimore, Maryland.
identify the receivership to which the companies owned by the savings and
comment pertains, and sent within Board of Governors of the Federal Reserve
loan holding company, including the
System, October 2, 2018.
thirty days of the date of this notice to: companies listed below.
Federal Deposit Insurance Corporation, The applications listed below, as well Yao-Chin Chao,
Division of Resolutions and as other related filings required by the Assistant Secretary of the Board.
Receiverships, Attention: Receivership Board, are available for immediate [FR Doc. 2018–21712 Filed 10–4–18; 8:45 am]
Oversight Department 34.6, 1601 Bryan inspection at the Federal Reserve Bank BILLING CODE P
Street, Dallas, TX 75201. indicated. The application also will be
No comments concerning the available for inspection at the offices of
the Board of Governors. Interested FEDERAL RESERVE SYSTEM
termination of this receivership will be
considered which are not sent within persons may express their views in
Notice of Proposals To Engage in or
this time frame. writing on the standards enumerated in
To Acquire Companies Engaged in
the HOLA (12 U.S.C. 1467a(e)). If the
daltland on DSKBBV9HB2PROD with NOTICES

Dated at Washington, DC, on October 1, Permissible Nonbanking Activities
proposal also involves the acquisition of
2018.
a nonbanking company, the review also The companies listed in this notice
Federal Deposit Insurance Corporation. includes whether the acquisition of the have given notice under section 4 of the
Robert E. Feldman, nonbanking company complies with the Bank Holding Company Act (12 U.S.C.
Executive Secretary. standards in section 10(c)(4)(B) of the 1843) (BHC Act) and Regulation Y, (12
[FR Doc. 2018–21676 Filed 10–4–18; 8:45 am] HOLA (12 U.S.C. 1467a(c)(4)(B)). Unless CFR part 225) to engage de novo, or to
BILLING CODE 6714–01–P otherwise noted, nonbanking activities acquire or control voting securities or

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Document Created: 2018-10-05 01:52:52
Document Modified: 2018-10-05 01:52:52

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		83 FR 50371