Notice2025-09342
Notice of Proposals To Engage in or To Acquire Companies Engaged in Permissible Nonbanking Activities
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
May 23, 2025
Issuing agencies
Federal Reserve System
Full Text
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<title>Federal Register, Volume 90 Issue 99 (Friday, May 23, 2025)</title>
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[Federal Register Volume 90, Number 99 (Friday, May 23, 2025)]
[Notices]
[Page 22096]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-09342]
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FEDERAL RESERVE SYSTEM
Notice of Proposals To Engage in or To Acquire Companies Engaged
in Permissible Nonbanking Activities
Correction
In the Federal Register of May 9, 2025, FR Doc. 2025-08188, the
notice ``Notice of Proposals to Engage in or to Acquire Companies
Engaged in Permissible Nonbanking Activities'' by the Federal Reserve
Bank of San Francisco, Lewis & Clark Bancorp, Oregon City, Oregon; is
corrected to read ``to acquire additional interests in iCashe, Inc.,
Portland, Oregon, and thereby continue to indirectly engage in trust
company functions, printing and selling MICR-encoded items, and data
processing, pursuant to sections 225.28(b)(5), 225.28(b)(10)(ii), and
225.28(b)(14), respectively, all of the Board's Regulation Y'', and
that the company listed applied to the Board for approval, pursuant to
section 4 of the Bank Holding Company Act (12 U.S.C. 1843) and
Regulation Y (12 CFR part 225) to engage de novo, or to acquire or
control voting securities or assets of a company 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 comment period continues to end on May 27, 2025. Interested persons
may continue to view the notice and submit comments as provided in 90
FR 19717 (May 9, 2025) no later than May 27, 2025.
Board of Governors of the Federal Reserve System.
Erin Cayce,
Assistant Secretary of the Board.
[FR Doc. 2025-09342 Filed 5-22-25; 8:45 am]
BILLING CODE P
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</html>Indexed from Federal Register on May 23, 2025.
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