Notice2024-01720
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 29, 2024
Issuing agencies
Federal Reserve System
Full Text
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<title>Federal Register, Volume 89 Issue 19 (Monday, January 29, 2024)</title>
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[Federal Register Volume 89, Number 19 (Monday, January 29, 2024)]
[Notices]
[Pages 5544-5545]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-01720]
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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 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
[[Page 5545]]
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 February 28, 2024.
A. Federal Reserve Bank of Boston (Prabal Chakrabarti, Senior Vice
President) 600 Atlantic Avenue, Boston, Massachusetts 02210-2204.
Comments can also be sent electronically to:
<a href="/cdn-cgi/l/email-protection#b5f7fae69be6e7f69bf4c5c5d9dcd6d4c1dcdadbc69bf6dad8d8d0dbc1c6f5d7dac69bd3c7d79bdac7d2"><span class="__cf_email__" data-cfemail="15575a463b4647563b546565797c7674617c7a7b663b567a7878707b616655777a663b7367773b7a6772">[email protected]</span></a>.
1. Maine Community Bancorp, MHC, and its subsidiary, Maine
Community Bancorp, Inc., both of Auburn, Maine; to merge with Gorham
Bancorp, MHC, and Gorham Bancorp, Inc., respectively, both of Gorham,
Maine, and thereby indirectly acquire Gorham Savings Bank, Gorham,
Maine.
In addition, Maine Community Bancorp, MHC, and Maine Community
Bancorp, Inc., to indirectly acquire Bigelow Investment Advisors, LLC,
and thereby engage in financial and investment advisory activities
pursuant to Sec. 225.28(b)(6) 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. 2024-01720 Filed 1-26-24; 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.