This PDF is the current document as it appeared on Public Inspection on 07/23/2012 at 08:45 am.
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 § 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 17, 2012.
A. Federal Reserve Bank of Richmond (Adam M. Drimer, Assistant Vice President) 701 East Byrd Street, Richmond, Virginia 23261-4528:
1. Park Sterling Corporation, Charlotte, North Carolina; to acquire 100 percent of the voting shares of Citizens South Banking Corporation, and indirectly acquire Citizens South Bank, both in Gastonia, North Carolina, and thereby engage in operating a federal savings bank, pursuant to section 225.28(b)(4)(ii).
Board of Governors of the Federal Reserve System, July 19, 2012.
Michael J. Lewandowski,
Assistant Secretary of the Board.
[FR Doc. 2012-18032 Filed 7-23-12; 8:45 am]
BILLING CODE 6210-01-P