Proposals to Engage in Permissible Nonbanking Activities or to Acquire Companies that are Engaged in Permissible Nonbanking Activities

Federal Register, March 13, 2009 (Nbr. Vol. 74, No. 48)

Notices - Federal Reserve System
Permanent Link: http://regulations.vlex.com/vid/53324482
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Federal Register: March 13, 2009 (Volume 74, Number 48)

Notices

Page 10912-10913

From the Federal Register Online via GPO Access [wais.access.gpo.gov]

DOCID:fr13mr09-54

FEDERAL RESERVE SYSTEM

Notice of Proposals to Engage in Permissible Nonbanking

Activities or to Acquire Companies that are 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.

Page 10913

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 Sec. [thinsp]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. Additional information on all bank holding companies may be obtained from the National Information

Center website at www.ffiec.gov/nic/.

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 March 30, 2009.

A. Federal Reserve Bank of San Francisco (Kenneth Binning, Vice

President, Applications and Enforcement) 101 Market Street, San

Francisco, California 94105-1579: 1. NHB Holdings, Inc., and Proficio Mortgage Ventures, LLC, both of

Jacksonville, Florida, to engage de novo in a joint venture with

SilverLeaf Mortgage, LLC, Salt Lake City, Utah, in conducting mortgage banking activities, pursuant to section 225.28(b)(1) of Regulation Y.

Board of Governors of the Federal Reserve System, March 10, 2009.

Robert deV. Frierson,

Deputy Secretary of the Board.

FR Doc.E9-5454 Filed 3-12-09; 8:45 am

BILLING CODE 6210-01-S

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