[Federal Register Volume 86, Number 54 (Tuesday, March 23, 2021)]
[Notices]
[Page 15486]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-05974]



[[Page 15486]]

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FEDERAL RESERVE SYSTEM


Formations of, Acquisitions by, and Mergers of Bank Holding 
Companies

    The companies listed in this notice have applied to the Board for 
approval, pursuant to the Bank Holding Company Act of 1956 (12 U.S.C. 
1841 et seq.) (BHC Act), Regulation Y (12 CFR part 225), and all other 
applicable statutes and regulations to become a bank holding company 
and/or to acquire the assets or the ownership of, control of, or the 
power to vote shares of a bank or bank holding company and all of the 
banks and nonbanking companies owned by the bank holding company, 
including the companies listed below.
    The public portions of the applications listed below, as well as 
other related filings required by the Board, if any, are available for 
immediate inspection at the Federal Reserve Bank(s) indicated below and 
at the offices of the Board of Governors. This information may also be 
obtained on an expedited basis, upon request, by contacting the 
appropriate Federal Reserve Bank and from the Board's Freedom of 
Information Office at https://www.federalreserve.gov/foia/request.htm. 
Interested persons may express their views in writing on the standards 
enumerated in the BHC Act (12 U.S.C. 1842(c)).
    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 April 22, 2021.
    A. Federal Reserve Bank of New York (Ivan Hurwitz, Senior Vice 
President) 33 Liberty Street, New York, New York 10045-0001. Comments 
can also be sent electronically to [email protected]:
    1. Magyar Bancorp, Inc., New Brunswick, New Jersey; to merge with 
Magyar Bancorp MHC, also of New Brunswick, New Jersey. In connection 
with the merger, Magyar Bancorp, Inc., would convert from mutual to 
stock form, and Magyar Bancorp, MHC, would cease to exist.
    B. Federal Reserve Bank of San Francisco (Sebastian Astrada, 
Director, Applications) 101 Market Street, San Francisco, California 
94105-1579:
    1. SoFi Technologies, Inc., and Social Finance, Inc., both of San 
Francisco, California; to become bank holding companies by acquiring 
Golden Pacific Bancorp, Inc., and thereby indirectly acquire Golden 
Pacific Bank, National Association, both of Sacramento, California.

    Board of Governors of the Federal Reserve System, March 18, 
2021.
Michele Taylor Fennell,
Deputy Associate Secretary of the Board.
[FR Doc. 2021-05974 Filed 3-22-21; 8:45 am]
BILLING CODE 6210-01-P