[Federal Register Volume 84, Number 102 (Tuesday, May 28, 2019)]
[Notices]
[Page 24511]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-10974]


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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 June 20, 2019.
    A. Federal Reserve Bank of Cleveland (Nadine Wallman, Vice 
President) 1455 East Sixth Street, Cleveland, Ohio 44101-2566. Comments 
can also be sent electronically to [email protected]:
    1. Valley Central, MHC, and Valley Central Bancorp, Inc., both of 
Liberty Township, Ohio; to acquire control of American Savings Bank, 
Middletown, Ohio. Additionally, for Valley Central, MHC, to acquire 
control of the newly formed New Valley Central Bank, to be located in 
Liberty Township, Ohio; and for Valley Central, MHC, to transfer to its 
subsidiary Valley Central Bancorp, Inc., ownership of New Valley 
Central Bank. Under the proposal, Valley Central, MHC, would form New 
Valley Central Bank as an interim Ohio-chartered savings association. 
American Savings Bank and the applicants' existing subsidiary savings 
association, Valley Central Bank, Liberty Township, Ohio, would then 
each be merged with and into New Valley Central Bank. The surviving 
institution would be known thereafter as Valley Central Bank.

    Board of Governors of the Federal Reserve System, May 21, 2019.
Yao-Chin Chao,
Assistant Secretary of the Board.
[FR Doc. 2019-10974 Filed 5-24-19; 8:45 am]
 BILLING CODE P