Formations of, Acquisitions by, and Mergers of Bank Holding Companies

Federal Register, Volume 83 Issue 238 (Wednesday, December 12, 2018)

Federal Register Volume 83, Number 238 (Wednesday, December 12, 2018)

Notices

Page 63888

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

FR Doc No: 2018-26806

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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 inspection at the Federal Reserve Bank indicated. The applications will also 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.

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 January 7, 2019.

  1. Federal Reserve Bank of Richmond (Adam M. Drimer, Assistant Vice President) 701 East Byrd Street, Richmond, Virginia 23219. Comments can also be sent electronically to or email protected:

  1. Bay-Vanguard, MHC and BV Financial, Inc., both of Sparrows Point, Maryland; to become bank holding companies upon their conversion from federally chartered saving and loan holding companies to state chartered bank holding companies. Applicants will retain Bay-Vanguard Bank, Sparrows Point, Maryland.

  2. Bay-Vanguard, MHC and BV Financial, Inc., both of Sparrows Point, Maryland; to acquire Kopernik Bank, Baltimore, Maryland.

Board of Governors of the Federal Reserve System, December 6, 2018.

Yao-Chin Chao,

Assistant Secretary of the Board.

FR Doc. 2018-26806 Filed 12-11-18; 8:45 am

BILLING CODE P

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