2017-22136. Formations of, Acquisitions by, and Mergers of Bank Holding Companies  

  • Start Preamble

    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 applications listed below, as well as other related filings required by the Board, are available for immediate Start Printed Page 47737inspection at the Federal Reserve Bank indicated. The applications will also be available for inspection at the offices of the Board of Governors. 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 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). Unless otherwise noted, nonbanking activities will be conducted throughout the United States.

    Unless otherwise noted, comments regarding each of these applications must be received at the Reserve Bank indicated or the offices of the Board of Governors not later than November 8, 2017.

    A. Federal Reserve Bank of Atlanta (Kathryn Haney, Director of Applications) 1000 Peachtree Street NE., Atlanta, Georgia 30309. Comments can also be sent electronically to Applications.Comments@atl.frb.org:

    1. MBT Bancshares, Inc., Metairie, Louisiana; to become a bank holding company by acquiring 100 percent of the outstanding voting shares of Metairie Bank & Trust Company, Metairie, Louisiana.

    B. 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. 1831 Bancorp, MHC and 1831 Bancorp, Inc., both of Dedham, Massachusetts; to become a mutual holding company and a stock bank holding company, respectively, by acquiring 100 percent of the voting shares of Dedham Institution for Savings, Dedham, Massachusetts.

    C. Federal Reserve Bank of Richmond (Adam M. Drimer, Assistant Vice President) 701 East Byrd Street, Richmond, Virginia 23261-4528. Comments can also be sent electronically to or Comments.applications@rich.frb.org:

    1. Select Bancorp, Inc., Dunn, North Carolina; to acquire 100 percent of the voting shares of Premara Financial, Inc., Charlotte, North Carolina, and thereby indirectly acquire Carolina Premier Bank, Charlotte, North Carolina.

    Start Signature

    Board of Governors of the Federal Reserve System, October 6, 2017.

    Ann Misback,

    Secretary of the Board.

    End Signature End Preamble

    [FR Doc. 2017-22136 Filed 10-12-17; 8:45 am]

    BILLING CODE P

Document Information

Published:
10/13/2017
Department:
Federal Reserve System
Entry Type:
Notice
Document Number:
2017-22136
Pages:
47736-47737 (2 pages)
PDF File:
2017-22136.pdf