[Federal Register Volume 81, Number 147 (Monday, August 1, 2016)]
[Notices]
[Page 50501]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-18067]
-----------------------------------------------------------------------
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 August 26, 2016.
A. Federal Reserve Bank of Philadelphia (William Spaniel, Senior
Vice President) 100 North 6th Street, Philadelphia, Pennsylvania 19105-
1521. Comments can also be sent electronically to
[email protected]:
1. Prudential Bancorp, Inc., Philadelphia, Pennsylvania; to acquire
Polonia Bancorp, Inc., and thereby indirectly acquire Polonia Bank,
both of Huntingdon Valley, Pennsylvania and thereby engage in operating
a savings association pursuant to section 225.28(b)(4)(ii) of
Regulation Y.
Board of Governors of the Federal Reserve System, July 26, 2016.
Michele T. Fennell,
Assistant Secretary of the Board.
[FR Doc. 2016-18067 Filed 7-29-16; 8:45 am]
BILLING CODE 6210-01-P