2018-14719. Formations of, Acquisitions by, and Mergers of Savings and Loan Holding Companies  

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    The companies listed in this notice have applied to the Board for approval, pursuant to the Home Owners' Loan Act (12 U.S.C. 1461 et seq.) (HOLA), Regulation LL (12 CFR part 238), and Regulation MM (12 CFR part 239), and all other applicable statutes and regulations to become a savings and loan holding company and/or to acquire the assets or the ownership of, control of, or the power to vote shares of a savings association and nonbanking companies owned by the savings and loan 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 application also will 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 HOLA (12 U.S.C. 1467a(e)). 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 10(c)(4)(B) of the HOLA (12 U.S.C. 1467a(c)(4)(B)). 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 August 1, 2018.

    A. 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. Jamestown Trust #1, the Jamestown Trust #2, the Jamestown Trust #3, the Start Printed Page 31973Jamestown Trust #4, the Geesala Trust #1, the Geesala Trust #2, the Geesala Trust #3, and the Geesala Trust #4; to become savings and loan holdings companies and retain voting shares of Prospect Financial Corporation, and thereby retain shares of Home Loan Investment Bank, F.S.B., both of Warwick, Rhode Island.

    Additionally, the Jamestown Trust #3 and the Geesala Trust #3 have applied to acquire all of the shares of Prospect Financial Corporation's from the other Jamestown Trusts and Geesala Trusts Warwick, Rhode Island.

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    Board of Governors of the Federal Reserve System, July 5, 2018.

    Yao-Chin Chao,

    Assistant Secretary of the Board.

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    [FR Doc. 2018-14719 Filed 7-9-18; 8:45 am]

    BILLING CODE 6210-01-P

Document Information

Published:
07/10/2018
Department:
Federal Reserve System
EntryType:
Notice
Document Number:
2018-14719
Pages:
31972-31973 (2 pages)
SectionNoes:
PDF File:
2018-14719.pdf