[Federal Register: December 4, 2008 (Volume 73, Number 234)]
[Notices]               
[Page 73933-73934]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr04de08-36]                         

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FEDERAL RESERVE SYSTEM

 
Formations of, Acquisitions by, and Mergers of Bank Holding 
Companies

    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 applications 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 standards 
in section 4 of the BHC Act (12 U.S.C. 1843). Unless otherwise noted, 
nonbanking activities will be conducted throughout the United States. 
Additional information on all bank holding companies may be obtained 
from the National Information Center website at www.ffiec.gov/nic/.
    Comments regarding each of application must be received at the 
Reserve Bank indicated or the offices of the Board of Governors by the 
date indicated.
    A. Federal Reserve Bank of Atlanta (Steve Foley, Vice President) 
1000 Peachtree Street, N.E., Atlanta, Georgia 30309:
    1. Educational Funding of the South, Inc., Knoxville, Tennessee, to 
become a bank holding company by acquiring 100 percent of the voting 
shares of Community Bank of the Cumberlands, Jamestown, Tennessee.
    Comments regarding this application must be received by December 
26, 2008.
    B. Federal Reserve Bank of San Francisco (Kenneth Binning, Vice 
President, Applications and Enforcement) 101 Market Street, San 
Francisco, California 94105-1579:
    1. 1st Security Bancorp, Inc., to become a bank holding company by 
acquiring 100 percent of the voting shares of 1st Security Bank of 
Washington, both of Mountlake Terrace, Washington.

[[Page 73934]]

    Comments regarding this application must be received by December 
29, 2008.

    Board of Governors of the Federal Reserve System, December 1, 
2008.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. E8-28715 Filed 12-3-08; 8:45 am]

BILLING CODE 6210-01-S