2024-01720. Formations of, Acquisitions by, and Mergers of Bank Holding Companies  

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    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 https://www.federalreserve.gov/​foia/​request.htm. 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 Start Printed 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: BOS.SRC.Applications.Comments@bos.frb.org.

    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 § 225.28(b)(6) of the Board's Regulation Y.

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    Board of Governors of the Federal Reserve System.

    Michele Taylor Fennell,

    Deputy Associate Secretary of the Board.

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    [FR Doc. 2024–01720 Filed 1–26–24; 8:45 am]

    BILLING CODE P

Document Information

Published:
01/29/2024
Department:
Federal Reserve System
Entry Type:
Notice
Document Number:
2024-01720
Pages:
5544-5545 (2 pages)
PDF File:
2024-01720.pdf