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

Federal Register, Volume 81 Issue 54 (Monday, March 21, 2016)

Federal Register Volume 81, Number 54 (Monday, March 21, 2016)

Notices

Page 15110

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

FR Doc No: 2016-06255

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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 this notice have given notice under section 4 of the Bank Holding Company Act (12 U.S.C. 1843) (BHC Act) and Regulation Y, (12 CFR part 225) 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 listed in Sec. 225.28 of Regulation Y (12 CFR 225.28) or that the Board has determined by Order to be closely related to banking and permissible for bank holding companies. 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 4 of the BHC Act.

Unless otherwise noted, comments regarding the notices must be received at the Reserve Bank indicated or the offices of the Board of Governors not later than April 5, 2016.

1. Federal Reserve Bank of Minneapolis (Jacquelyn K. Brunmeier, Assistant Vice President) 90 Hennepin Avenue, Minneapolis, Minnesota 55480-0291:

   1. Park Financial Group, Inc., Minneapolis, Minnesota; to engage de novo in extending credit and servicing loans, pursuant to section 225.28(b)(1).

2. Federal Reserve Bank of Kansas City (Dennis Denney, Assistant Vice President) 1 Memorial Drive, Kansas City, Missouri 64198-0001:

   1. Washington 1st Banco, Inc., Washington, Kansas; to continue to engage de novo in extending credit and servicing loans, pursuant to section 225.28(b)(1).

   Board of Governors of the Federal Reserve System, March 16, 2016.

   Michael J. Lewandowski,

   Associate Secretary of the Board.

   FR Doc. 2016-06255 Filed 3-18-16; 8:45 am

   BILLING CODE 6210-01-P