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 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 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 Start Printed Page 71441standards 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 December 17, 2010.
A. Federal Reserve Bank of Boston (Richard Walker, Community Affairs Officer) P.O. Box 55882, Boston, Massachusetts 02106-2204:
1. Brookline Bancorp, Inc., Brookline, Massachusetts; to become a bank holding company by acquiring 100 percent of the voting shares of First Ipswich Bancorp, and thereby acquire First National Bank of Ipswich, both of Ipswich, Massachusetts.
In connection with this application, Applicant also has applied to retain voting shares of Brookline Bank, Brookline, Massachusetts and thereby continue to operate a savings association, and Eastern Funding, LLC, New York, New York, which will continue to operate an equipment finance company, pursuant to sections 225.28(b)(1), (b)(3), and (b)(4)(ii), of Regulation Y.
B. Federal Reserve Bank of Chicago (Colette A. Fried, Assistant Vice President) 230 South LaSalle Street, Chicago, Illinois 60690-1414:
1. River Holding Company, Stoddard, Wisconsin; to acquire 51 percent of the voting shares of Community Business Bancshares, Inc., and thereby indirectly acquire voting shares of Community Business Bank, both of Sauk City, Wisconsin.
C. Federal Reserve Bank of Dallas (E. Ann Worthy, Vice President) 2200 North Pearl Street, Dallas, Texas 75201-2272:
1. Commercial Bancshares, Inc., El Campo, Texas; to become a bank holding company by acquiring 60 percent of the voting shares of El Campo Bancshares, Inc., and thereby indirectly acquire voting shares of Commercial State Bank, both of El Campo, Texas.Start Signature
Board of Governors of the Federal Reserve System, November 18, 2010.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. 2010-29489 Filed 11-22-10; 8:45 am]
BILLING CODE 6210-01-P