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

Published date29 July 2020
Citation85 FR 45636
Record Number2020-16413
SectionNotices
CourtFederal Reserve System
Federal Register, Volume 85 Issue 146 (Wednesday, July 29, 2020)
[Federal Register Volume 85, Number 146 (Wednesday, July 29, 2020)]
                [Notices]
                [Pages 45636-45637]
                From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
                [FR Doc No: 2020-16413]
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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 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 28, 2020.
                [[Page 45637]]
                 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 or [email protected]:
                 1. Bay-Vanguard, M.H.C., Inc., and BV Financial, Inc., both of
                Sparrows Point, Maryland; to acquire Delmarva Bancshares, Inc., and
                thereby indirectly acquire 1880 Bank, both of Cambridge, Maryland.
                 B. Federal Reserve Bank of Dallas (Robert L. Triplett III, Senior
                Vice President) 2200 North Pearl Street, Dallas, Texas 75201-2272:
                 1. Woodforest Financial Group Employee Stock Ownership Plan (with
                401(k) Provisions) and the related Woodforest Financial Group Employee
                Stock Ownership Trust, both of The Woodlands, Texas; to acquire up to
                32 percent of the voting shares of Woodforest Financial Group, Inc.,
                and thereby indirectly acquire Woodforest National Bank, both of The
                Woodlands, Texas.
                 Board of Governors of the Federal Reserve System, July 24, 2020.
                Yao-Chin Chao,
                Assistant Secretary of the Board.
                [FR Doc. 2020-16413 Filed 7-28-20; 8:45 am]
                BILLING CODE P
                

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