2018-24275. 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 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 December 3, 2018.

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

    1. Fidelity Company, Dubuque, Iowa; to acquire voting shares of State Bank, New Hampton, Iowa.

    B. Federal Reserve Bank of San Francisco (Gerald C. Tsai, Director, Applications and Enforcement) 101 Market Street, San Francisco, California 94105-1579:

    1. Jiko Group, Inc., Berkeley, California; to become a bank holding company, by acquiring voting shares of Mid-Central Federal Savings Bank, Wadena, Minnesota, following Mid-Central's conversion to a national bank.

    In connection with this application, Applicant has applied to acquire Jiko Technologies, Inc., and Jiko Securities, Inc., both of Berkley, California, and thereby engage in date processing, agency transactional services and investment transactional activities as principal pursuant to sections 225.28(b)(7)(8) and (14) of Regulation Y.

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    Board of Governors of the Federal Reserve System, November 1, 2018.

    Ann Misback,

    Secretary of the Board.

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    [FR Doc. 2018-24275 Filed 11-6-18; 8:45 am]

    BILLING CODE P

Document Information

Published:
11/07/2018
Department:
Federal Reserve System
Entry Type:
Notice
Document Number:
2018-24275
Pages:
55716-55716 (1 pages)
PDF File:
2018-24275.pdf