[Federal Register Volume 85, Number 108 (Thursday, June 4, 2020)]
[Notices]
[Page 34447]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-11998]


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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.
    The applications listed below are available for immediate 
inspection at the Federal Reserve Bank indicated. The applications also 
will be available for inspection at the offices of the Board of 
Governors. Interested persons may express their views in writing on 
whether the proposed transaction complies with the standards enumerated 
in the HOLA (12 U.S.C. 1467a(e)).
    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 Ann E. Misback, Secretary of the 
Board, 20th Street and Constitution Avenue NW, Washington, DC 20551-
0001, not later than July 6, 2020.
    A. Federal Reserve Bank of Chicago (Colette A. Fried, Assistant 
Vice President) 230 South LaSalle Street, Chicago, Illinois 60690-1414:
    1. Hoyne Savings, MHC and Hoyne Financial Corporation, both of 
Chicago, Illinois; to acquire control of Loomis Federal Savings and 
Loan Association, Chicago, Illinois. Additionally, for Hoyne Savings, 
MHC to acquire control of the newly-formed Hoyne Interim Bank, to be 
located in Chicago, Illinois, and for Hoyne Savings, MHC to transfer to 
its subsidiary, Hoyne Financial Corporation, ownership of Hoyne Interim 
Bank. Under the proposal, Hoyne Savings, MHC would form an interim 
Illinois-chartered stock savings bank, Hoyne Interim Bank. Immediately 
therafter, Loomis Federal Savings and Loan Association and Hoyne 
Savings Bank, Chicago, Illinois, the existing subsidiary savings 
association of Hoyne Savings, MHC and Hoyne Financial Corporation, 
would each merge with and into Hoyne Interim Bank. Hoyne Interim Bank 
would be the surviving institution and would be renamed ``Hoyne Savings 
Bank.''

    Board of Governors of the Federal Reserve System, May 29, 2020.
Yao-Chin Chao,
Assistant Secretary of the Board.
[FR Doc. 2020-11998 Filed 6-3-20; 8:45 am]
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