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

Federal Register: March 2, 2010 (Volume 75, Number 40)

Notices

Page 9415

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

DOCID:fr02mr10-46

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. 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 17, 2010.

  1. Federal Reserve Bank of Chicago (Colette A. Fried, Assistant

Vice President) 230 South LaSalle Street, Chicago, Illinois 60690-1414: 1. Northwest Financial Corp., Arnolds Park, Iowa; to engage de novo through its subsidiary, Northwest Wealth Management, LLC, Arnolds Park,

Iowa, in investment advisory and transactional activities, pursuant to sections 225.28(b)(6)(i); (b)(6)(ii); b)(6)(v); (b)(7)(i); (b)(7)(ii) and (b)(9)(ii), all of Regulation Y.

Board of Governors of the Federal Reserve System, February 25, 2010.

Robert deV. Frierson,

Deputy Secretary of the Board.

FR Doc. 2010-4226 Filed 3-1-10; 8:45 am

BILLING CODE 6210-01-S

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