[Federal Register Volume 88, Number 227 (Tuesday, November 28, 2023)]
[Notices]
[Page 83129]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-26197]


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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)). If the proposal also 
involves the acquisition or retention of a nonbanking company, the 
review also includes whether the nonbanking activity complies with the 
standards in section 4 of the BHC Act (12 U.S.C. 1843), and interested 
persons may express their views in writing on the standards enumerated 
in section 4. Unless otherwise noted, nonbanking activities will be 
conducted throughout the United States.
    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 December 28, 2023.
    A. Federal Reserve Bank of Atlanta (Erien O. Terry, Assistant Vice 
President) 1000 Peachtree Street, NE, Atlanta, Georgia 30309. Comments 
can also be sent electronically to [email protected].
    1. Gulf Atlantic Financial Corporation, Tallahassee, Florida; to 
become a bank holding company by acquiring of Gulf Atlantic Bank, Key 
West, Florida.
    B. Federal Reserve Bank of Dallas (Karen Smith, Director, Mergers & 
Acquisitions) 2200 N Pearl Street, Dallas, Texas 75201-2272. Comments 
can also be sent electronically to [email protected].
    1. The Adam Corporation/Group and TAC Financial Corporation, both 
of College Station, Texas; to become bank holding companies by 
acquiring Adam Bank Group, Inc., and thereby indirectly acquiring 
American Momentum Bank, both of College Station, Texas.
    In addition, The Adam Corporation/Group and TAC Financial 
Corporation, to engage in agency transactional services for customer 
investments pursuant to section 225.28(b)(7) of the Board's Regulation 
Y through its subsidiary Globetech Securities, LLC, Clifton Park, New 
York.
    C. Federal Reserve Bank of Cleveland (Nadine M. Wallman, Vice 
President) 1455 East Sixth Street, Cleveland, Ohio 44101-2566. Comments 
can also be sent electronically to [email protected].
    1. Nextier, Inc., Kittanning, Pennsylvania; to acquire Mars 
Bancorp, Inc., and thereby indirectly acquire Mars Bank, both of Mars, 
Pennsylvania.

    Board of Governors of the Federal Reserve System.
Yao-Chin Chao,
Deputy Associate Secretary of the Board.
[FR Doc. 2023-26197 Filed 11-27-23; 8:45 am]
BILLING CODE P