Notice2023-26203

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

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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
November 28, 2023

Issuing agencies

Federal Reserve System

Full Text

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<title>Federal Register, Volume 88 Issue 227 (Tuesday, November 28, 2023)</title>
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[Federal Register Volume 88, Number 227 (Tuesday, November 28, 2023)]
[Notices]
[Pages 83128-83129]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2023-26203]


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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

[[Page 83129]]

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 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 
December 13, 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#1f5c7072727a716b6c317e6f6f73767c7e6b7670716c5f7c777631796d7d31706d78"><span class="__cf_email__" data-cfemail="9bd8f4f6f6fef5efe8b5faebebf7f2f8faeff2f4f5e8dbf8f3f2b5fde9f9b5f4e9fc">[email&#160;protected]</span></a>:
    1. Ohnward Bancshares, Maquoketa, Iowa: 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.
Yao-Chin Chao,
Deputy Associate Secretary of the Board.
[FR Doc. 2023-26203 Filed 11-27-23; 8:45 am]
BILLING CODE P


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Indexed from Federal Register on November 28, 2023.

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.