83 FR 133 pg. 32122 - Formations of, Acquisitions by, and Mergers of Bank Holding Companies

Type: NOTICEVolume: 83Number: 133Page: 32122
FR document: [FR Doc. 2018-14847 Filed 7-10-18; 8:45 am]
Agency: Federal Reserve System
Official PDF Version:  PDF Version
Page: 32122

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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 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 August 6, 2018.

A. Federal Reserve Bank of Chicago (Colette A. Fried, Assistant Vice President) 230 South LaSalle Street, Chicago, Illinois 60690-1414:

1. First Midwest Bancorp, Inc., Chicago, Illinois; to acquire 100 percent of Northern States Financial Corporation and thereby indirectly acquire NorStates Bank, both of Waukegan, Illinois.

B. Federal Reserve Bank of New York (Ivan Hurwitz, Vice President) 33 Liberty Street, New York, New York 10045-0001. Comments can also be sent electronically to Comments.applications@ny.frb.org:

1. MB Mutual Holding Company and MB Bancorp, Inc., both of Wall Township, New Jersey; to merge with Metuchen MHC and Metuchen Bancorp, Inc., both of Metuchen, New Jersey and thereby indirectly acquire Metuchen Savings Bank, Metuchen.

Board of Governors of the Federal Reserve System, July 6, 2018.

Ann Misback,

Secretary of the Board.

[FR Doc. 2018-14847 Filed 7-10-18; 8:45 am]

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