Notice2022-20742
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
September 26, 2022
Issuing agencies
Federal Reserve System
Full Text
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<title>Federal Register, Volume 87 Issue 185 (Monday, September 26, 2022)</title>
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[Federal Register Volume 87, Number 185 (Monday, September 26, 2022)]
[Notices]
[Pages 58348-58349]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2022-20742]
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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
[[Page 58349]]
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 24, 2022.
A. Federal Reserve Bank of Minneapolis (Chris P. Wangen, Assistant
Vice President), 90 Hennepin Avenue, Minneapolis, Minnesota 55480-0291,
or electronically to <a href="/cdn-cgi/l/email-protection#baf7fbfad7cad6c994dcc8d894d5c8dd"><span class="__cf_email__" data-cfemail="87cac6c7eaf7ebf4a9e1f5e5a9e8f5e0">[email protected]</span></a>:
1. Highland Bancshares, Inc., Saint Michael, Minnesota; to acquire
Boundary Waters Bank, Ely, Minnesota.
B. Federal Reserve Bank of Dallas (Karen Smith, Director,
Applications) 2200 North Pearl Street, Dallas, Texas 75201-2272:
1. Vavane, Inc., San Antonio, Texas; to become a bank holding
company by acquiring San Diego Bancshares, Inc., and thereby indirectly
acquiring First State Bank of San Diego, both of San Diego, Texas.
Board of Governors of the Federal Reserve System.
Michele Taylor Fennell,
Deputy Associate Secretary of the Board.
[FR Doc. 2022-20742 Filed 9-23-22; 8:45 am]
BILLING CODE P
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