[Federal Register Volume 81, Number 153 (Tuesday, August 9, 2016)]
[Notices]
[Page 52688]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-18856]
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FEDERAL RESERVE SYSTEM
Formations of, Acquisitions by, and Mergers of Savings and Loan
Holding Companies
The companies listed in this notice have applied to the Board for
approval, pursuant to the Home Owners' Loan Act (12 U.S.C. 1461 et
seq.) (HOLA), Regulation LL (12 CFR part 238), and Regulation MM (12
CFR part 239), and all other applicable statutes and regulations to
become a savings and loan holding company and/or to acquire the assets
or the ownership of, control of, or the power to vote shares of a
savings association and nonbanking companies owned by the savings and
loan 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 application 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 HOLA (12 U.S.C. 1467a(e)). 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 10(c)(4)(B) of the HOLA (12 U.S.C. 1467a(c)(4)(B)). 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 September 2, 2016.
A. Federal Reserve Bank of Boston (Prabal Chakrabarti, Senior Vice
President) 600 Atlantic Avenue, Boston, Massachusetts 02210-2204.
Comments can also be sent electronically to
[email protected]:
1. Westfield Financial, Inc., Westfield, Massachusetts
(``Westfield''); to become a savings and loan holding company.
Westfield currently is a savings and loan holding company; Westfield
proposes to become a bank holding company for a moment in time by
merging with Chicopee Bancorp, Chicopee, Massachusetts and acquire its
subsidiary bank, Chicopee Savings Bank, Chicopee, Massachusetts.
Westfield also has applied to retain its savings association, Westfield
Bank, Westfield, Massachusetts. After the acquisition, Westfield
proposes to merge Chicopee Savings Bank with Westfield Bank, with
Westfield Bank as the surviving entity, and become a savings and loan
holding company. Westfield also proposes to acquire Chicopee Funding
Corporation, which provides funding to Chicopee and its affiliates,
pursuant to section 238.54 of Regulation LL.
Board of Governors of the Federal Reserve System, August 4,
2016.
Michele T. Fennell,
Assistant Secretary of the Board.
[FR Doc. 2016-18856 Filed 8-8-16; 8:45 am]
BILLING CODE 6210-01-P