2017-17002. Formations of, Acquisitions by, and Mergers of Savings and Loan Holding Companies  

  • Start Preamble

    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 September 6, 2017.

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

    1. The Charles Schwab Corporation, San Francisco, California; to acquire voting shares of Nordstrom FSB, Scottsdale, Arizona

    Start Signature

    Board of Governors of the Federal Reserve System, August 8, 2017.

    Yao-Chin Chao,

    Assistant Secretary of the Board.

    End Signature End Preamble

    [FR Doc. 2017-17002 Filed 8-10-17; 8:45 am]

    BILLING CODE P

Document Information

Published:
08/11/2017
Department:
Federal Reserve System
Entry Type:
Notice
Document Number:
2017-17002
Pages:
37591-37591 (1 pages)
PDF File:
2017-17002.pdf