Notice2022-20485
Formations of, Acquisitions by, and Mergers of Savings and Loan 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
September 22, 2022
Issuing agencies
Federal Reserve System
Full Text
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<title>Federal Register, Volume 87 Issue 183 (Thursday, September 22, 2022)</title>
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[Federal Register Volume 87, Number 183 (Thursday, September 22, 2022)]
[Notices]
[Pages 57900-57901]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2022-20485]
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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 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
[[Page 57901]]
<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 whether the proposed transaction
complies with the standards enumerated in the HOLA (12 U.S.C.
1467a(e)).
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 21, 2022.
A. Federal Reserve Bank of Boston (Prabal Chakrabarti, Senior Vice
President) 600 Atlantic Avenue, Boston, Massachusetts 02210-2204, or
electronically to <a href="/cdn-cgi/l/email-protection#1a58554934494859345b6a6a7673797b6e7375746934597577777f746e695a787569347c68783475687d"><span class="__cf_email__" data-cfemail="2765687409747564096657574b4e4446534e4849540964484a4a42495354674548540941554509485540">[email protected]</span></a>:
1. First Seacoast Bancorp, MHC, Dover, New Hampshire; to convert
from mutual to stock form. As part of the conversion, First Seacoast
Bancorp, MHC, and First Seacoast Bancorp, Inc., also of Dover, New
Hampshire, an existing mid-tier savings and loan holding company, will
cease to exist and First Seacoast Bank, Dover, New Hampshire, will
become a wholly-owned subsidiary of First Seacoast Bancorp, Inc.,
Dover, New Hampshire, a newly-formed Maryland corporation, which has
applied to become a savings and loan holding company, pursuant to
section 10(e) of the HOLA, by acquiring First Seacoast Bank.
B. Federal Reserve Bank of Dallas (Karen Smith, Director,
Applications) 2200 North Pearl Street, Dallas, Texas 75201-2272:
1. Homeland Bancshares, Inc., Columbia, Louisiana; to acquire
Beauregard Bancshares, Inc., and thereby indirectly acquire Beauregard
Federal Savings Bank, both of DeRidder, Louisiana.
C. Federal Reserve Bank of Cleveland (Bryan S. Huddleston, Vice
President) 1455 East Sixth Street, Cleveland, Ohio 44101-2566, or
<a href="/cdn-cgi/l/email-protection#90d3fffdfdf5fee4e3bef1e0e0fcf9f3f1e4f9fffee3d0f3fcf5e6bef6e2f2beffe2f7"><span class="__cf_email__" data-cfemail="bffcd0d2d2dad1cbcc91decfcfd3d6dcdecbd6d0d1ccffdcd3dac991d9cddd91d0cdd8">[email protected]</span></a>:
1. First Mutual Holding Company, Lakewood, Ohio; to form a nonbank
subsidiary, AlloBaaS, LLC, to provide management services such as
negotiating, entering into, and providing third-party information
technology (core and data processing) and digital services related to
financial and banking activities for the saving bank subsidiaries,
pursuant to section 238.53 of the Board's Regulation LL.
Board of Governors of the Federal Reserve System.
Michele Taylor Fennell,
Deputy Associate Secretary of the Board.
[FR Doc. 2022-20485 Filed 9-21-22; 8:45 am]
BILLING CODE P
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