Formations of, Acquisitions by, and Mergers of Bank Holding Companies
| Published date | 06 July 2020 |
| Citation | 85 FR 40288 |
| Record Number | 2020-14450 |
| Section | Notices |
| Court | Federal Reserve System |
Federal Register, Volume 85 Issue 129 (Monday, July 6, 2020)
[Federal Register Volume 85, Number 129 (Monday, July 6, 2020)]
[Notices]
[Pages 40288-40289]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-14450]
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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
[[Page 40289]]
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 public portions of the applications listed below, as well as
other related filings required by the Board, if any, are available for
immediate inspection at the Federal Reserve Bank(s) indicated below and
at the offices of the Board of Governors. This information may also be
obtained on an expedited basis, upon request, by contacting the
appropriate Federal Reserve Bank and from the Board's Freedom of
Information Office at https://www.federalreserve.gov/foia/request.htm.
Interested persons may express their views in writing on the standards
enumerated in the BHC Act (12 U.S.C. 1842(c)).
Comments regarding each of these applications must be received at
the Reserve Bank indicated or the offices of the Board of Governors,
Ann E. Misback, Secretary of the Board, 20th Street and Constitution
Avenue NW, Washington DC 20551-0001, not later than August 5, 2020.
A. 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 [email protected]:
1. First Citizens Bancshares, Inc., Raleigh, North Carolina, to
retain 5.05 percent and acquire solely as a result of stock redemptions
up to 9 percent of the voting shares of Commerce West Bank, Irvine,
California.
Board of Governors of the Federal Reserve System, June 30, 2020.
Michele Taylor Fennell,
Assistant Secretary of the Board.
[FR Doc. 2020-14450 Filed 7-2-20; 8:45 am]
BILLING CODE P
