Notice2025-11819
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
June 26, 2025
Issuing agencies
Federal Reserve System
Full Text
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<title>Federal Register, Volume 90 Issue 121 (Thursday, June 26, 2025)</title>
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[Federal Register Volume 90, Number 121 (Thursday, June 26, 2025)]
[Notices]
[Pages 27303-27304]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-11819]
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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)).
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
[[Page 27304]]
information. Comments should not include any information such as
confidential information that would not be appropriate for public
disclosure.
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 July 28, 2025.
A. Federal Reserve Bank of New York (Keith Goodwin, Head of Bank
Applications) 33 Liberty Street, New York, New York 10045-0001.
Comments can also be sent electronically to
<a href="/cdn-cgi/l/email-protection#23604c4e4e464d57500d4253534f4a4042574a4c4d50634d5a0d4551410d4c5144"><span class="__cf_email__" data-cfemail="c487aba9a9a1aab0b7eaa5b4b4a8ada7a5b0adabaab784aabdeaa2b6a6eaabb6a3">[email protected]</span></a>:
1. Seneca Financial MHC, Baldwinsville, New York; to convert from
mutual to stock form. As part of the conversion, Seneca Financial MHC,
and Seneca Financial Corp., also of Baldwinsville, New York, an
existing mid-tier savings and loan holding company, will cease to exist
and Seneca Savings, Baldwinsville, New York, will convert to a
commercial bank, to be renamed Seneca Savings Bank, National
Association, and become a wholly-owned subsidiary of Seneca Bancorp,
Inc. a newly-formed Maryland corporation, which has applied to become a
bank holding company, pursuant to Section 3(a)(1) of the BHC Act.
B. Federal Reserve Bank of Richmond (Brent B. Hassell, Assistant
Vice President) P.O. Box 27622, Richmond, Virginia 23261. Comments can
also be sent electronically to <a href="/cdn-cgi/l/email-protection#6c2f0301010902181f420d1c1c00050f0d180503021f2c1e050f04420a1e0e42031e0b"><span class="__cf_email__" data-cfemail="5d1e3230303833292e733c2d2d31343e3c293432332e1d2f343e35733b2f3f73322f3a">[email protected]</span></a>:
1. Miners and Merchants Bancorp, Inc., Grundy, Virginia; to acquire
First Community Corporation, and thereby indirectly acquire First
Community Bank of East Tennessee, both of Rogersville, Tennessee.
Board of Governors of the Federal Reserve System.
Michele Taylor Fennell,
Associate Secretary of the Board.
[FR Doc. 2025-11819 Filed 6-25-25; 8:45 am]
BILLING CODE 6210-01-P
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