Skip to Content

Notice

Notice of Proposals To Engage in or To Acquire Companies Engaged in Permissible Nonbanking Activities

Document Details

Information about this document as published in the Federal Register.

Published Document

This document has been published in the Federal Register. Use the PDF linked in the document sidebar for the official electronic format.

Start Preamble

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 June 24, 2014.

A. Federal Reserve Bank of Dallas (E. Ann Worthy, Vice President) 2200 North Pearl Street, Dallas, Texas 75201-2272:

1. Strategic Growth Bank Incorporated and Strategic Growth Bancorp Incorporated, both of El Paso, Texas, to acquire an additional 76.1 percent of the voting common stock of, for a 100 percent ownership interest in, Guardian Mortgage Company, Inc., Richardson, Texas, and thereby extend credit and service loans and engage under contract with a third party in asset management, servicing, and collection of assets pursuant to Sections 225.28(b)(1) and (b)(2)(vi), respectively, of Regulation Y.

Start Signature

Board of Governors of the Federal Reserve System, June 6, 2014.

Michael J. Lewandowski,

Assistant Secretary of the Board.

End Signature End Preamble

[FR Doc. 2014-13590 Filed 6-10-14; 8:45 am]

BILLING CODE 6210-01-P