Notice2022-18556
Formations of, Acquisitions by, and Mergers of Bank Holding Companies
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
August 29, 2022
Issuing agencies
Federal Reserve System
Full Text
<html>
<head>
<title>Federal Register, Volume 87 Issue 166 (Monday, August 29, 2022)</title>
</head>
<body><pre>
[Federal Register Volume 87, Number 166 (Monday, August 29, 2022)]
[Notices]
[Page 52778]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2022-18556]
=======================================================================
-----------------------------------------------------------------------
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)). 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 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 September 28,
2022.
A. Federal Reserve Bank of San Francisco (Mongkha Pavlick, Group
Vice President, Formation + Transactions) 101 Market Street, San
Francisco, California 94105-1579:
1. BAWAG Group, AG, Vienna, Austria; to become a bank holding
company by acquiring Peak Bancorp, Inc., and thereby indirectly
acquiring Idaho First Bank, both of McCall, Idaho. In connection with
this application, BAWAG Group, AG has applied to retain 19.5 percent of
Marlette Holdings, Inc., Wilmington, Delaware, and thereby engage in
extending credit and servicing loans pursuant to section 225.28(b)(1)
of the Board's Regulation Y.
Board of Governors of the Federal Reserve System.
Michele Taylor Fennell,
Deputy Associate Secretary of the Board.
[FR Doc. 2022-18556 Filed 8-26-22; 8:45 am]
BILLING CODE P
</pre></body>
</html>Indexed from Federal Register on August 29, 2022.
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.