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

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Federal RegisterOct 19, 2016
81 Fed. Reg. 72055 (Oct. 19, 2016)

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 November 15, 2016.

A. Federal Reserve Bank of Cleveland (Nadine Wallman, Vice President) 1455 East Sixth Street, Cleveland, Ohio 44101-2566. Comments can also be sent electronically to comments.applications@clev.frb.org:

1. Standard Financial Corporation, Murrysville, Pennsylvania; to acquire Allegheny Valley Bancorp, Inc., and thereby acquire control of Allegheny Valley Bank of Pittsburgh, both of Pittsburgh, Pennsylvania.

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

1. Margaret Parker Platter Charitable Trust, Osceola, Missouri; to become a bank holding company by acquiring additional voting shares of SCC Bancshares, Inc., up to 26.03 percent, and thereby acquire shares of St. Clair County State Bank, both in Osceola, Missouri.

2. Sunflower Reincorporation Sub, Inc., Salina, Kansas; to merge with Strategic Growth Bank Incorporated, El Paso, Texas; Strategic Growth Bancorp Incorporated, and thereby acquire Capital Bank SSB, both in El Paso, Texas; and First National Bancorp Incorporated, and thereby acquire The First National Bank of Santa Fe, both in Albuquerque, New Mexico.

Board of Governors of the Federal Reserve System, October 14, 2016.

Margaret McCloskey Shanks,

Deputy Secretary of the Board.

[FR Doc. 2016-25266 Filed 10-18-16; 8:45 am]

BILLING CODE 6210-01-P