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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 applications listed below, as well as other related filings required by the Board, are available for immediate inspection 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 25, 2013.
A. Federal Reserve Bank of Atlanta (Chapelle Davis, Assistant Vice President) 1000 Peachtree Street NE., Atlanta, Georgia 30309:
1. Southern Community Bancshares, Inc. Employee Stock Ownership Plan, Cullman, Alabama; to acquire an additional 26.73 percent of the voting shares, for a total of 51 percent of the voting shares, of Southern Community Bancshares, Inc., and thereby indirectly acquire additional voting shares of First Community Bank of Cullman, both in Cullman, Alabama.
B. Federal Reserve Bank of Minneapolis (Jacqueline G. King, Community Affairs Officer) 90 Hennepin Avenue, Minneapolis, Minnesota 55480-0291:
1. Abdo Investments, Inc., Edina, Minnesota, to acquire and retain additional voting shares, for a total of 28 percent of the voting shares of Rivers Ridge Holding Company, Edina, Minnesota, and thereby indirectly acquire voting shares of BankVista, Sartell, Minnesota.
Start SignatureBoard of Governors of the Federal Reserve System, Dated: October 28, 2013.
Michael J. Lewandowski,
Associate Secretary of the Board.
[FR Doc. 2013-25934 Filed 10-30-13; 8:45 am]
BILLING CODE 6210-01-P
Document Information
- Published:
- 10/31/2013
- Department:
- Federal Reserve System
- Entry Type:
- Notice
- Document Number:
- 2013-25934
- Pages:
- 65312-65312 (1 pages)
- PDF File:
- 2013-25934.pdf