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

Published date27 June 2019
Citation84 FR 30715
Record Number2019-13725
SectionNotices
CourtFederal Reserve System
Federal Register, Volume 84 Issue 124 (Thursday, June 27, 2019)
[Federal Register Volume 84, Number 124 (Thursday, June 27, 2019)]
                [Notices]
                [Page 30715]
                From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
                [FR Doc No: 2019-13725]
                -----------------------------------------------------------------------
                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 July 25, 2019.
                 A. Federal Reserve Bank of St. Louis (David L. Hubbard, Senior
                Manager) P.O. Box 442, St. Louis, Missouri 63166-2034. Comments can
                also be sent electronically to [email protected]:
                 1. Magnolia Banking Corporation, Magnolia, Arkansas; to acquire 100
                percent of the voting shares of Prescott Bancshares, Inc., Prescott,
                Arkansas, and thereby indirectly acquire Bank of Prescott, also of
                Prescott, Arkansas.
                 Board of Governors of the Federal Reserve System, June 24, 2019.
                Yao-Chin Chao,
                Assistant Secretary of the Board.
                [FR Doc. 2019-13725 Filed 6-26-19; 8:45 am]
                BILLING CODE P
                

VLEX uses login cookies to provide you with a better browsing experience. If you click on 'Accept' or continue browsing this site we consider that you accept our cookie policy. ACCEPT