Federal Register: February 1, 2007 (Volume 72, Number 21)NoticesPage 4709-4710From the Federal Register Online via GPO Access [wais.access.gpo.gov]
FEDERAL RESERVE SYSTEM
Formations of, Acquisitions by, and Mergers of Bank Holding Companies
The companies listed in this notice have applied to the Board for approval, pursuant to the Bank Holding Company Act of 1956 (12 U.S.C. 1841 et seq.) (BHC Act), Regulation Y (12 CFR Part 225), and all other applicable statutes and regulations to become a bank holding company and/or to acquire the assets or the ownership of, control of, or the power to vote shares of a bank or bank holding company and all of the banks and nonbanking companies owned by the bank 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
[Page 4710]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 BHC Act (12 U.S.C. 1842(c)). 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 4 of the BHC Act (12 U.S.C. 1843). Unless otherwise noted, nonbanking activities will be conducted throughout the United States. Additional information on all bank holding companies may be obtained from the National Information Center website at http://www.ffiec.gov/nic/.
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 February 26, 2007.
A. Federal Reserve Bank of Boston (Richard Walker, Community Affairs Officer) P.O. Box 55882, Boston, Massachusetts 02106-2204:
1. Assabet Valley Bancorp, Hudson, Massachusetts; to acquire 100 percent of the voting shares, and thereby merge with Westborough Bancorp, MHC, Westborough Financial Services, Inc. and the Westborough Bank, all in Westborough, Massachusetts.
Board of Governors of the Federal Reserve System, January 29, 2007. Robert deV. Frierson, Deputy Secretary of the Board.
FR Doc. E7-1636 Filed 1-31-07; 8:45 amBILLING CODE 6210-01-S
This document cites
- U.S. Code - Title 12: Banks and Banking - 12 USC 1843 - Sec. 1843. Interests in nonbanking organizations
- U.S. Code - Title 12: Banks and Banking - 12 USC 1842 - Sec. 1842. Acquisition of bank shares or assets
- U.S. Code - Title 12: Banks and Banking - 12 USC 1841 - Sec. 1841. Definitions
See other documents that cite the same legislation