[Federal Register Volume 76, Number 184 (Thursday, September 22, 2011)]
[Notices]
[Pages 58811-58812]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2011-24388]


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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

[[Page 58812]]

must be received at the Reserve Bank indicated or the offices of the 
Board of Governors not later than October 17, 2011.
    A. Federal Reserve Bank of Philadelphia (William Lang, Senior Vice 
President) 100 North 6th Street, Philadelphia, Pennsylvania 19105-1521:
    1. Polonia MHC, Huntingdon Valley, Pennsylvania; to convert to 
stock form and merge with Polonia Bancorp, Inc., Baltimore, Maryland, 
which proposes to become a savings and loan holding company by 
acquiring Polonia Bank, Huntingdon Valley, Pennsylvania.
    In connection with this application, Polonia Bancorp, Inc., has 
applied to become a bank holding company.
    B. Federal Reserve Bank of Cleveland (Nadine Wallman, Vice 
President) 1455 East Sixth Street, Cleveland, Ohio 44101-2566:
    1. Cheviot Mutual Company, Cheviot, Ohio; to convert to stock form 
and acquire Cheviot Savings Bank, Cheviot, Ohio. Pursuant to the 
conversion, Cheviot, Mutual Holding Company and Cheviot Financial 
Corp., the existing federal mid-tier corporation, will cease to exist, 
and Cheviot Savings Bank will become a wholly owned subsidiary of 
Cheviot Financial Corp., Cheviot, Ohio, a Maryland corporation.
    In addition, Cheviot Financial Corp., the Maryland corporation, has 
applied to acquire Cheviot Savings Bank.

    Board of Governors of the Federal Reserve System, September 19, 
2011.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. 2011-24388 Filed 9-21-11; 8:45 am]
BILLING CODE 6210-01-P