2014-28046. 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 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 Start Printed Page 70870the 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 December 23, 2014.

    A. Federal Reserve Bank of Cleveland (Nadine Wallman, Vice President) 1455 East Sixth Street, Cleveland, Ohio 44101-2566:

    1. First Southern Bancorp Stanford, Kentucky; to acquire 100 percent of the voting shares of First United, Inc., Central City, Kentucky and thereby indirectly acquire First National Bank of Muhlenberg Kentucky, Central City, Kentucky.

    B. Federal Reserve Bank of Chicago (Colette A. Fried, Assistant Vice President) 230 South LaSalle Street, Chicago, Illinois 60690-1414:

    1. Chemical Financial Corporation, Midland, Michigan; to merge with Monarch Community Bancorp, Inc., Coldwater, Michigan, and thereby indirectly acquire control of Monarch Community Bank, Coldwater, Michigan.

    C. Federal Reserve Bank of Minneapolis (Jacquelyn K. Brunmeier, Assistant Vice President) 90 Hennepin Avenue, Minneapolis, Minnesota 55480-0291:

    1. First National Bank in Wadena, Minnesota; Employee Stock Ownership Plan and Trust, to acquire 30.95 percent of the voting shares of FNB Acquisition Holding Corporation, Wadena, Minnesota and thereby indirectly acquire ownership of The First National Bank, in Wadena, Minnesota.

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    Board of Governors of the Federal Reserve System, November 21, 2014.

    Michael J. Lewandowski,

    Associate Secretary of the Board.

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    [FR Doc. 2014-28046 Filed 11-26-14; 8:45 am]

    BILLING CODE 6210-01-P

Document Information

Published:
11/28/2014
Department:
Federal Reserve System
Entry Type:
Notice
Document Number:
2014-28046
Pages:
70869-70870 (2 pages)
PDF File:
2014-28046.Pdf