Notice2021-20757

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

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Published
September 24, 2021

Issuing agencies

Federal Reserve System

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<title>Federal Register, Volume 86 Issue 183 (Friday, September 24, 2021)</title>
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[Federal Register Volume 86, Number 183 (Friday, September 24, 2021)]
[Notices]
[Page 53056]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2021-20757]


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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 <a href="https://www.federalreserve.gov/foia/request.htm">https://www.federalreserve.gov/foia/request.htm</a>. 
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 October 25, 2021.
    A. Federal Reserve Bank of Richmond (Adam M. Drimer, Assistant Vice 
President) 701 East Byrd Street, Richmond, Virginia 23219. Comments can 
also be sent electronically to or <a href="/cdn-cgi/l/email-protection#0f4c6062626a617b7c216e7f7f63666c6e7b6660617c4f7d666c6721697d6d21607d68"><span class="__cf_email__" data-cfemail="b0f3dfddddd5dec4c39ed1c0c0dcd9d3d1c4d9dfdec3f0c2d9d3d89ed6c2d29edfc2d7">[email&#160;protected]</span></a>.
    1. Southern Bancshares (N.C.), Inc., Mount Olive, North Carolina; 
to acquire up to 19.9 percent of the voting shares of Old Point 
Financial Corporation, and thereby indirectly acquire voting shares of 
The Old Point National Bank of Phoebus, both of Hampton, Virginia.
    B. Federal Reserve Bank of Minneapolis (Chris P. Wangen, Assistant 
Vice President), 90 Hennepin Avenue, Minneapolis, Minnesota 55480-0291.
    1. MidCountry Acquisition Corp., Minneapolis, Minnesota; to acquire 
The Tysan Corporation, Minneapolis, Minnesota, and thereby indirectly 
acquire Pine Country Bank, Little Falls, Minnesota, and Lake Community 
Bank, Long Lake, Minnesota.

    Board of Governors of the Federal Reserve System, September 21, 
2021.
Michele Taylor Fennell,
Deputy Associate Secretary of the Board.
[FR Doc. 2021-20757 Filed 9-23-21; 8:45 am]
BILLING CODE P


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Indexed from Federal Register on September 24, 2021.

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