[Federal Register Volume 80, Number 237 (Thursday, December 10, 2015)]
[Notices]
[Page 76690]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-31109]


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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 notices must be 
received at the Reserve Bank indicated or the offices of the Board of 
Governors not later than December 28, 2015.
    A. Federal Reserve Bank of Minneapolis (Jacquelyn K. Brunmeier, 
Assistant Vice President) 90 Hennepin Avenue, Minneapolis, Minnesota 
55480-0291:
    1. State Bankshares, Inc., Fargo, North Dakota to acquire an 
additional 51 percent of the voting shares of Discovery Benefits, Inc., 
Fargo, North Dakota, and indirectly acquire additional voting shares of 
Discovery Benefits, Inc., Fargo, North Dakota, and thereby engage in 
providing consulting services to employee benefit, compensation and 
insurance plans, including designing plans, assisting in the 
implementation of plans, providing administrative services to plans, 
and developing employee communication programs for plans, pursuant to 
sections 225.28(b)(5), (b)(6)(ii), (b)(9)(ii) and (b)(14)(i), 
respectively.

    Board of Governors of the Federal Reserve System, December 7, 
2015.
Michael J. Lewandowski,
Associate Secretary of the Board.
[FR Doc. 2015-31109 Filed 12-9-15; 8:45 am]
 BILLING CODE 6210-01-P