Notice of Proposals To Engage In or To Acquire Companies Engaged in Permissible Nonbanking Activities

Federal Register, Volume 82 Issue 37 (Monday, February 27, 2017)

Federal Register Volume 82, Number 37 (Monday, February 27, 2017)

Notices

Page 11918

From the Federal Register Online via the Government Publishing Office www.gpo.gov

FR Doc No: 2017-03827

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FEDERAL RESERVE SYSTEM

Notice of Proposals To Engage In or To Acquire Companies Engaged in Permissible Nonbanking Activities

The companies listed in the notice have given notice under the Home Owners Loan Act (HOLA) (12 U.S.C. 1461 et seq.) and Regulation LL (12 CFR part 238) or Regulation MM (12 CFR part 239) 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 described in Sec. 238.53 or 238.54 of Regulation LL (12 CFR 238.53 or 238.54) or Sec. 239.8 of Regulation MM (12 CFR 239.8). 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 10a(c)(4)(B) of HOLA (12 U.S.C. 1467a(c)(4)(B)).

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 March 23, 2017.

  1. Federal Reserve Bank of Boston (Prabal Chakrabarti, Senior Vice President) 600 Atlantic Avenue, Boston, Massachusetts 02210-2204. Comments can also be sent electronically to BOS.SRC.Applications.Comments@bos.frb.org:

  1. Admirals Bancorp, Inc., Boston, Massachusetts; Federal One Holdings, LLC and Lazares and Company, LLC, both of Milton, Massachusetts; to engage in lending activities pursuant to 12 CFR 238.54 and 12 CFR 225.28(b)(1), (b)(2).

Board of Governors of the Federal Reserve System, February 22, 2017.

Yao-Chin Chao,

Assistant Secretary of the Board.

FR Doc. 2017-03827 Filed 2-24-17; 8:45 am

BILLING CODE 6210-01-P

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