[Federal Register Volume 79, Number 230 (Monday, December 1, 2014)]
[Notices]
[Pages 71101-71102]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2014-28213]


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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 applications must be 
received at the Reserve Bank indicated or the offices of the Board of 
Governors not later than December 15, 2014.
    A. Federal Reserve Bank of Minneapolis (Jacquelyn K. Brunmeier, 
Assistant Vice President) 90 Hennepin Avenue, Minneapolis, Minnesota 
55480-0291:
    1. Central Bank Corporation, through its wholly-owned subsidiary, 
Central Savings Bank, and indirectly through its subsidiary Central 
Financial Corporation, all in Sault Sainte Marie, Michigan; to acquire 
no more than 20 percent of the voting shares of Lasco Development 
Corporation, Marquette Michigan, and thereby engage in data

[[Page 71102]]

processing for financial institutions, pursuant to section 
225.28(b)(1).

    Board of Governors of the Federal Reserve System, November 25, 
2014.
Michael J. Lewandowski,
Associate Secretary of the Board.
[FR Doc. 2014-28213 Filed 11-28-14; 8:45 am]
BILLING CODE 6210-01-P