2019-10559. Notice of Proposals To Engage in or To Acquire Companies Engaged in Permissible Nonbanking Activities  

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    The companies listed in this notice have given notice under section 4 of the Bank Holding Company Act (12 U.S.C. 1843) (BHC Act) and Regulation Y, (12 CFR part 225) to engage de novo, or to acquire or control voting securities or assets of a company, including the companies listed below, that engages either directly or through a subsidiary or other company, in a nonbanking activity that is listed in § 225.28 of Regulation Y (12 CFR 225.28) or that the Board has determined by Order to be closely related to banking and permissible for bank holding companies. Unless otherwise noted, these activities will be conducted throughout the United States.

    Each notice is available for inspection at the Federal Reserve Bank indicated. The notice also will be available for inspection at the offices of the Board of Governors. Interested persons may express their views in writing on the question whether the proposal complies with the standards of section 4 of the BHC Act.

    Unless otherwise noted, comments regarding the applications must be received at the Reserve Bank indicated or the offices of the Board of Governors not later than June 17, 2019.

    A. Federal Reserve Bank of Kansas City (Dennis Denney, Assistant Vice President) 1 Memorial Drive, Kansas City, Missouri 64198-0001:

    1. BBIG Holdings, LLC, Lincoln, Nebraska; to retain its investment in, OriTrust, LLC, Lincoln, Nebraska, and thereby engage in extending credit and data processing activities, pursuant to section 225.28(b)(b)(1) and (14) of Regulation Y.

    2. Hilltop Bancshares, Inc., Bennington, Nebraska; to retain its investment in, OriTrust, LLC, Lincoln, Nebraska, and thereby engage in extending credit and data processing activities, pursuant to section 225.28(b)(b)(1) and (14) of Regulation Y.

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    Board of Governors of the Federal Reserve System, May 16, 2019.

    Yao-Chin Chao,

    Assistant Secretary of the Board.

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    [FR Doc. 2019-10559 Filed 5-20-19; 8:45 am]

    BILLING CODE P

Document Information

Published:
05/21/2019
Department:
Federal Reserve System
Entry Type:
Notice
Document Number:
2019-10559
Pages:
23053-23053 (1 pages)
PDF File:
2019-10559.pdf