[Federal Register Volume 71, Number 85 (Wednesday, May 3, 2006)]
[Notices]
[Page 26092]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E6-6632]


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FEDERAL RESERVE SYSTEM


Notice of Proposals to Engage in Permissible Nonbanking 
Activities or to Acquire Companies that are 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. [thinsp]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. Additional information on all 
bank holding companies may be obtained from the National Information 
Center Web site at http://www.ffiec.gov/nic/.
    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 May 26, 2006.
    A. Federal Reserve Bank of San Francisco (Tracy Basinger, Director, 
Regional and Community Bank Group) 101 Market Street, San Francisco, 
California 94105-1579:
    1. Sterling Financial Corporation, Spokane, Washington; to acquire 
100 percent of the voting shares of Lynnwood Financial Group, and 
thereby indirectly acquire voting shares of Golf Savings Bank and Golf 
Escrow Corporation, all of Mountlake Terrace, Washington, and thereby 
engage in operating a savings association and providing real estate 
settlement services, pursuant to section 225.28(b)(4) and (2)(viii) of 
Regulation Y.

    Board of Governors of the Federal Reserve System, April 27, 
2006.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. E6-6632 Filed 5-2-06; 8:45 am]
BILLING CODE 6210-01-S