Notice2023-17336

Notice of Proposals To Engage in or To Acquire Companies Engaged in Permissible Nonbanking Activities

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Published
August 14, 2023

Issuing agencies

Federal Reserve System

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<title>Federal Register, Volume 88 Issue 155 (Monday, August 14, 2023)</title>
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[Federal Register Volume 88, Number 155 (Monday, August 14, 2023)]
[Notices]
[Pages 55043-55044]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2023-17336]


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FEDERAL RESERVE SYSTEM


Notice of Proposals To Engage in or To Acquire Companies Engaged 
in Permissible Nonbanking Activities

    The companies listed in this notice have given notice under section 
4 of the Bank Holding Company Act (12 U.S.C. 1843) (BHC Act) and 
Regulation Y, (12 CFR part 225) to engage de novo, or to acquire or 
control voting securities or assets of a company, including the 
companies listed below, that engages either directly or through a 
subsidiary or other company, in a nonbanking activity that is listed in 
Sec.  225.28 of Regulation Y (12 CFR 225.28) or that the Board has 
determined by Order to be closely related to banking and permissible 
for bank holding companies. Unless otherwise noted, these activities 
will be conducted throughout the United States.
    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

[[Page 55044]]

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 question whether the proposal 
complies with the standards of section 4 of the BHC Act.
    Unless otherwise noted, comments regarding the 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 
August 29, 2023.
    A. Federal Reserve Bank of Kansas City (Jeffrey Imgarten, Assistant 
Vice President) 1 Memorial Drive, Kansas City, Missouri 64198-0001. 
Comments can also be sent electronically to 
<a href="/cdn-cgi/l/email-protection#2c676f6d5c5c40454f4d584543426f4341414942585f6c474f024a5e4e02435e4b"><span class="__cf_email__" data-cfemail="7d363e3c0d0d11141e1c091412133e1210101813090e3d161e531b0f1f53120f1a">[email&#160;protected]</span></a>:
    1. Clark Bancshares, Inc., Clarks, Nebraska; to acquire 
substantially all of the assets of M & L Cave, Inc., d/b/a Silver Creek 
Insurance Agency, Silver Creek, Nebraska, and thereby engage in 
insurance agency activity located in a place that has a population not 
exceeding 5,000 pursuant to section 225.28(b)(11)(iii) 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. 2023-17336 Filed 8-11-23; 8:45 am]
BILLING CODE P


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Indexed from Federal Register on August 14, 2023.

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