Notice2024-03624
Formations of, Acquisitions by, and Mergers of Savings and Loan 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
February 22, 2024
Issuing agencies
Federal Reserve System
Full Text
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<title>Federal Register, Volume 89 Issue 36 (Thursday, February 22, 2024)</title>
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[Federal Register Volume 89, Number 36 (Thursday, February 22, 2024)]
[Notices]
[Page 13340]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-03624]
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FEDERAL RESERVE SYSTEM
Formations of, Acquisitions by, and Mergers of Savings and Loan
Holding Companies
The companies listed in this notice have applied to the Board for
approval, pursuant to the Home Owners' Loan Act (12 U.S.C. 1461 et
seq.) (HOLA), Regulation LL (12 CFR part 238), and Regulation MM (12
CFR part 239), and all other applicable statutes and regulations to
become a savings and loan holding company and/or to acquire the assets
or the ownership of, control of, or the power to vote shares of a
savings association.
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 whether the
proposed transaction complies with the standards enumerated in the HOLA
(12 U.S.C. 1467a(e)). 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
10(c)(4)(B) of the HOLA (12 U.S.C. 1467a(c)(4)(B)). 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 March 25, 2024.
A. Federal Reserve Bank of Minneapolis (Stephanie Weber, Assistant
Vice President), 90 Hennepin Avenue, Minneapolis, Minnesota 55480-0291.
Comments can also be sent electronically to <a href="/cdn-cgi/l/email-protection#4a070b0a273a2639642c38286425382d"><span class="__cf_email__" data-cfemail="c18c8081acb1adb2efa7b3a3efaeb3a6">[email protected]</span></a>:
1. CFB Mutual Holding Company and CFB Financial, Inc., both of
Cumberland, Wisconsin; to become a mutual savings and loan holding
company and a mid-tier stock savings and loan holding company,
respectively, by acquiring Cumberland Federal Bank, FSB, Cumberland,
Wisconsin, in connection with Cumberland Federal Bank, FSB's conversion
from mutual to stock form.
Board of Governors of the Federal Reserve System.
Michele Taylor Fennell,
Deputy Associate Secretary of the Board.
[FR Doc. 2024-03624 Filed 2-21-24; 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.