2017-19681. Notice of Proposals To Engage in or To Acquire Companies Engaged in Permissible Nonbanking Activities

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 October 2, 2017.

A. Federal Reserve Bank of Cleveland (Nadine Wallman, Vice President) 1455 East Sixth Street, Cleveland, Ohio 44101-2566. Comments can also be sent electronically to [e-mail]:

1. SSB Bancorp, Inc., Pittsburgh, Pennsylvania; to engage de novo in extending credit and servicing loans pursuant to section 225.28(b)(1) of Regulation Y.

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

1. First Internet Bancorp, Fishers, Indiana; to acquire 9.99 percent of the voting shares of Lendeavor, Inc., San Francisco, California, and thereby engage in extending credit and servicing loans pursuant to section 225.28(b)(1) of Regulation Y.

2. Iowa State Financial Services Corporation, Fairfield, Iowa; to continue engaging in extending credit and servicing loans pursuant to section 225.25(b)(1) of Regulation Y.

Board of Governors of the Federal Reserve System, September 12, 2017.

Yao-Chin Chao,

Assistant Secretary of the Board.