[Federal Register Volume 80, Number 36 (Tuesday, February 24, 2015)]
[Notices]
[Page 9720]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-03720]
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FEDERAL RESERVE SYSTEM
Notice of Proposals To Engage in or To Acquire Companies 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. 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.
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 March 11, 2015.
A. Federal Reserve Bank of Boston (Richard Walker, Community
Affairs Officer) 600 Atlantic Avenue, Boston, Massachusetts 02210-2204.
1. New Hampshire Mutual Bancorp, Manchester, New Hampshire (MHC),
to establish MillRiver Trust Company, Concord, New Hampshire
(MillRiver), and transfer the existing trust business from MHC's
subsidiary banks, Merrimack County Savings Bank, Concord, New Hampshire
and Meredith Village Savings Bank, Meredith, New Hampshire to
MillRiver, and thereby engage in trust company, financial advisory and
transaction activities, and the sale of insurance in a town of less
than 5,000 in population, pursuant to sections 225.28(b)(5), (b)(6),
(b)(7) and (b)(11)(iii)(A) of Regulation Y.
B. Federal Reserve Bank of Atlanta (Chapelle Davis, Assistant Vice
President) 1000 Peachtree Street NE., Atlanta, Georgia 30309:
1. First NBC Bank Holding Company, New Orleans, Louisiana; to
acquire 100 percent of the outstanding shares of State Investors
Bancorp, Inc. and its subsidiary bank, State-Investors Bank both of
Metairie, Louisiana, and thereby engage in operating a savings
association, pursuant to section 225.28(b)(4)(ii) of Regulation Y.
Comment regarding this application must be received by March 20, 2015.
C. Federal Reserve Bank of Minneapolis (Jacquelyn K. Brunmeier,
Assistant Vice President) 90 Hennepin Avenue, Minneapolis, Minnesota
55480-0291:
1. SSB, Inc., Manistique, Michigan; to acquire through State
Savings Bank of Manistique, Manistique, Michigan, between 10 and 20
percent of the stock of Lasco Development Corporation, Marquette,
Michigan. And thereby engage in data processing activities, pursuant to
section 225.28(b)(14) of Regulation Y.
Board of Governors of the Federal Reserve System, February 19,
2015.
Michael J. Lewandowski,
Assistant Secretary of the Board.
[FR Doc. 2015-03720 Filed 2-23-15; 8:45 am]
BILLING CODE 6210-01-P