[Federal Register Volume 76, Number 214 (Friday, November 4, 2011)]
[Notices]
[Pages 68458-68459]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2011-28603]


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FEDERAL RESERVE SYSTEM


Formations of, Acquisitions by, and Mergers of Bank Holding 
Companies

    The companies listed in this notice have applied to the Board for 
approval, pursuant to the Bank Holding Company Act of 1956 (12 U.S.C. 
1841 et seq.) (BHC Act), Regulation Y (12 CFR part 225), and all other 
applicable statutes and regulations to become a bank holding company 
and/or to acquire the assets or the ownership of, control of, or the 
power to vote shares of a bank or bank holding company and all of the 
banks and nonbanking companies owned by the bank 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

[[Page 68459]]

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 BHC Act (12 U.S.C. 1842(c)). 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 4 of the BHC Act (12 U.S.C. 1843). 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 December 1, 2011.
    A. Federal Reserve Bank of Philadelphia (William Lang, Senior Vice 
President) 100 North 6th Street, Philadelphia, Pennsylvania 19105-1521:
    1. Susquehanna Bancshares, Inc., Lititz, Pennsylvania; to acquire 
Tower Bancorp, Inc., Harrisburg, Pennsylvania, and thereby 
simultaneously merge Graystone Tower Bank, Lancaster, Pennsylvania, 
with and into Susquehanna Bank, Lititz, Pennsylvania.
    B. Federal Reserve Bank of Richmond (Adam M. Drimer, Assistant Vice 
President) 701 East Byrd Street, Richmond, Virginia 23261-4528:
    1. Security Federal Corporation, Aiken, South Carolina; to become a 
bank holding company upon the conversion of Security Federal Bank, 
Aiken, South Carolina, from a federal stock savings bank to a state 
chartered commercial bank.
    C. Federal Reserve Bank of Minneapolis (Jacqueline G. King, 
Community Affairs Officer) 90 Hennepin Avenue, Minneapolis, Minnesota 
55480-0291:
    1. Bitteroot Holding Company, Lolo, Montana; to merge with Ravalli 
County Bankshares, Inc., and thereby indirectly acquire Ravalli County 
Bank, both in Hamilton, Montana, and, also as a result of the merger, 
to increase its ownership of West One Bank, Kalispell, Montana, from 
34.92 percent to 63.73 percent.

    Board of Governors of the Federal Reserve System, November 1, 
2011.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. 2011-28603 Filed 11-3-11; 8:45 am]
BILLING CODE 6210-01-P