Notice2024-00480
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
January 11, 2024
Issuing agencies
Federal Reserve System
Full Text
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<title>Federal Register, Volume 89 Issue 8 (Thursday, January 11, 2024)</title>
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[Federal Register Volume 89, Number 8 (Thursday, January 11, 2024)]
[Notices]
[Pages 1919-1920]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-00480]
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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.
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\17\ The maximum penalty amount for an institution is the
greater of this amount or 1/100,000th of the institution's total
assets.
\18\ The maximum penalty amount for an institution is the
greater of this amount or 1/50,000th of the institution's total
assets.
\19\ The maximum penalty amount for an institution is the lesser
of this amount or 1 percent of total assets.
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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 February 12, 2024.
A. Federal Reserve Bank of Cleveland (Nadine M. Wallman, Vice
President) 1455 East Sixth Street, Cleveland, Ohio 44114. Comments can
also be sent electronically to <a href="/cdn-cgi/l/email-protection#e1828e8c8c848f9592cf8091918d88828095888e8f92a1828d8497cf879383cf8e9386"><span class="__cf_email__" data-cfemail="e0838f8d8d858e9493ce8190908c89838194898f8e93a0838c8596ce869282ce8f9287">[email protected]</span></a>:
1. KFB Holdings, Inc., to become a bank holding company by
acquiring Kentucky Farmers Bank Corporation, both of Ashland, Kentucky.
B. Federal Reserve Bank of Kansas City (Jeffrey Imgarten, Assistant
Vice President) One Memorial Drive, Kansas City, Missouri 64198-0001.
Comments can also be sent electronically to
<a href="/cdn-cgi/l/email-protection#511a121021213d38323025383e3f123e3c3c343f2522113a327f3723337f3e2336"><span class="__cf_email__" data-cfemail="eaa1a9ab9a9a8683898b9e838584a98587878f849e99aa8189c48c9888c485988d">[email protected]</span></a>:
1. Prairie Bell Holdings, Inc., Tulsa, Oklahoma; to become a bank
holding company by acquiring Spiro Bancshares, Inc., and thereby
indirectly acquiring Spiro State Bank, both of Spiro, Oklahoma.
[[Page 1920]]
Board of Governors of the Federal Reserve System.
Michele Taylor Fennell,
Deputy Associate Secretary of the Board.
[FR Doc. 2024-00480 Filed 1-10-24; 8:45 am]
BILLING CODE P
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