[Federal Register Volume 83, Number 210 (Tuesday, October 30, 2018)]
[Notices]
[Page 54591]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-23683]
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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 must be received at the Reserve Bank indicated or the
offices of the Board of Governors not later than November 27, 2018.
A. Federal Reserve Bank of Philadelphia (William Spaniel, Senior
Vice President) 100 North 6th Street, Philadelphia, Pennsylvania 19105-
1521. Comments can also be sent electronically to
[email protected]:
1. WSFS Financial Corporation, Wilmington, Delaware; to merge with
Beneficial Bancorp, Inc., Philadelphia, Pennsylvania, and therefore
indirectly acquire shares of Beneficial Bank, Philadelphia,
Pennsylvania. WSFS Financial Corporation has applied to become a
savings and loan holding company with respect to Beneficial Bank's
conversion to a stock federal savings association.
Board of Governors of the Federal Reserve System, October 25,
2018.
Yao-Chin Chao,
Assistant Secretary of the Board.
[FR Doc. 2018-23683 Filed 10-29-18; 8:45 am]
BILLING CODE P