Notice2024-14575
Notice of Proposals To Engage In or To Acquire Companies Engaged in Permissible Nonbanking Activities
Primary source
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Published
July 2, 2024
Issuing agencies
Federal Reserve System
Full Text
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<title>Federal Register, Volume 89 Issue 127 (Tuesday, July 2, 2024)</title>
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[Federal Register Volume 89, Number 127 (Tuesday, July 2, 2024)]
[Notices]
[Pages 54821-54822]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-14575]
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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 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.
Comments received are subject to public disclosure. In general,
comments received will be made available without change and will not be
modified to remove personal or business information including
confidential, contact, or other identifying information. Comments
should not include any information such as confidential information
that would not be appropriate for public disclosure.
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 July
17, 2024.
A. Federal Reserve Bank of Kansas City (Jeffrey Imgarten, Assistant
Vice President) 1 Memorial Drive, Kansas City, Missouri 64198-0001.
Comments can also be sent electronically to
<a href="/cdn-cgi/l/email-protection#dd969e9cadadb1b4bebca9b4b2b39eb2b0b0b8b3a9ae9db6bef3bbafbff3b2afba"><span class="__cf_email__" data-cfemail="86cdc5c7f6f6eaefe5e7f2efe9e8c5e9ebebe3e8f2f5c6ede5a8e0f4e4a8e9f4e1">[email protected]</span></a>:
1. Stockmens Financial Corporation, Rapid City, South Dakota; to
acquire voting shares of AgCredit, Inc., Chadron,
[[Page 54822]]
Nebraska, and thereby engage in extending credit, activities related to
extending credit, community development activities, and data processing
activities, pursuant to sections 225.28(b)(1), (b)(2), (b)(12), and
(b)(14) 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. 2024-14575 Filed 7-1-24; 8:45 am]
BILLING CODE P
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