Notice2023-23270
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
October 20, 2023
Issuing agencies
Federal Reserve System
Full Text
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<title>Federal Register, Volume 88 Issue 202 (Friday, October 20, 2023)</title>
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[Federal Register Volume 88, Number 202 (Friday, October 20, 2023)]
[Notices]
[Pages 72480-72481]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2023-23270]
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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
[[Page 72481]]
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 November 20, 2023.
A. Federal Reserve Bank of Chicago (Colette A. Fried, Assistant
Vice President) 230 South LaSalle Street, Chicago, Illinois 60690-1414.
Comments can also be sent electronically to
<a href="/cdn-cgi/l/email-protection#286b4745454d465c5b0649585844414b495c4147465b684b4041064e5a4a06475a4f"><span class="__cf_email__" data-cfemail="1f5c7072727a716b6c317e6f6f73767c7e6b7670716c5f7c777631796d7d31706d78">[email protected]</span></a>:
1. Libertyville Savings Bank Employee Stock Ownership Trust,
Fairfield, Iowa; to become a bank holding company by acquiring 27.02
percent of the voting shares of Village Investment Company, and thereby
indirectly acquiring voting shares of The Libertyville Savings Bank,
both of Fairfield, Iowa. In addition, Village Investment Company to
engage de novo 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. 2023-23270 Filed 10-19-23; 8:45 am]
BILLING CODE P
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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.