75 FR 112 pg. 33307 - Formations of, Acquisitions by, and Mergers of Bank Holding Companies

Type: NOTICEVolume: 75Number: 112Page: 33307
FR document: [FR Doc. 2010-13999 Filed 6-10-10; 8:45 am]
Agency: Federal Reserve System
Official PDF Version:  PDF Version

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 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 also will 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. Additional information on all bank holding companies may be obtained from the National Information Center website at www.ffiec.gov/nic/ .

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 July 6, 2010.

A. Federal Reserve Bank of Dallas (E. Ann Worthy, Vice President) 2200 North Pearl Street, Dallas, Texas 75201-2272:

1. 2009 TCRT; Ford Daughters Financial Trust; Ford Financial Fund, L.P.; Ford Management, LP; Ford Ultimate Management, LLC; Ford Sons Financial Trust; Diamond A Financial Fund, L.P.; SB Acquisition Company, LLC; and GJF Financial Management, LLC; all of Dallas, Texas; to become bank holding companies by acquiring 91 percent of the voting shares of Pacific Capital Bancorp, Santa Barbara, California, and indirectly acquire voting shares of Pacific Capital Bank, National Association, Santa Barbara California.

In connection with this application, Applicant also has applied to acquire voting shares of PCB Service Corporation, Santa Barbara, California; Morton CapitalManagement, Calabasas, California; and R. E. Wacker Associates, Inc., San Luis Obispo, California, and thereby engage in activities related to extending credit, trust company functions, and investment advisory activities, pursuant to section 225.28 (b)(1), (5) and (b)(6)(vi) of Regulation Y.

Board of Governors of the Federal Reserve System, June 7, 2010.

Robert deV. Frierson,

Deputy Secretary of the Board.

[FR Doc. 2010-13999 Filed 6-10-10; 8:45 am]

BILLING CODE 6210-01-S