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

Download PDF
Federal RegisterDec 20, 2019
84 Fed. Reg. 70189 (Dec. 20, 2019)

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, if any, 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)).

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 January 20, 2020.

A. Federal Reserve Bank of San Francisco (Gerald C. Tsai, Director, Applications and Enforcement) 101 Market Street, San Francisco, California 94105-1579:

1. Southern California Bancorp, San Diego, California; to become a bank holding company by acquiring Bank of Southern California, National Association, San Diego, California.

2. Southern California Bancorp, San Diego, California; to acquire CalWest Bancorp and thereby indirectly acquire CalWest Bank, both of Rancho Santa Margarita, California.

Board of Governors of the Federal Reserve System, December 16, 2019.

Yao-Chin Chao,

Assistant Secretary of the Board.

[FR Doc. 2019-27469 Filed 12-19-19; 8:45 am]

BILLING CODE P