[Federal Register Volume 82, Number 125 (Friday, June 30, 2017)]
[Notices]
[Page 29861]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-13787]
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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 July 28, 2017.
A. Federal Reserve Bank of Atlanta (Chapelle Davis, Assistant Vice
President) 1000 Peachtree Street NE., Atlanta, Georgia 30309. Comments
can also be sent electronically to [email protected]:
1. Charter Financial Corporation, West Point, Georgia; to become a
bank holding company by merging with Resurgens Bancorp, and thereby
acquiring Resurgens Bank, both of Tucker, Georgia.
In connection with this proposal, Charter Financial will retain
ownership of its savings association subsidiary, CharterBank, West
Point, Georgia, and thereby engage in operating a savings association,
pursuant to section 225.28(b)(4)(ii). Finally, Charter Financial will
revert to savings and loan holding company status after the merger of
Resurgens Bank with and into CharterBank.
Board of Governors of the Federal Reserve System, June 27, 2017.
Yao-Chin Chao,
Assistant Secretary of the Board.
[FR Doc. 2017-13787 Filed 6-29-17; 8:45 am]
BILLING CODE 6210-01-P