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Independent Bank : of McKinney, Texas, to Acquire Northstar Bank in Denton

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01/17/2017 | 02:04pm CET

Targeted News Service

WASHINGTON, Jan. 17 -- The Federal Reserve System published the following notice in the Federal Register for (description) (Document Citation: 82 FR 3793; Document Number: 2017-00543):


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 will also 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.

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 February 8, 2017.

A. Federal Reserve Bank of Dallas (Robert L. Triplett III, Senior Vice President) 2200 North Pearl Street, Dallas, Texas 75201-2272:

1. Independent Bank Group, Inc., McKinney, Texas; to acquire 100 percent of Carlile Bancshares, Inc., Fort Worth, Texas, and indirectly acquire Northstar Bank, Denton, Texas. Independent Bank Group, Inc., McKinney, Texas also has applied to acquire Carlile Capital, LLC., Fort Worth, Texas, Washington Investment Company, Denver, Colorado, and Colorado Front Range Holdings, Inc., Denver, Colorado, and thereby engage in activities relating to asset management, servicing, and collection activities, pursuant to Section 225.28(b)(2)(vi) of Regulation Y.

Board of Governors of the Federal Reserve System, January 9, 2017.

Yao-Chin Chao,

Assistant Secretary of the Board.

[FR Doc. 2017-00543 Filed 1-11-17; 8:45 am]


Myron Struck, editor, Targeted News Service, Springfield, Va., 703/304-1897; editor@targetednews.com; http://www.targetednews.com


(c) 2017 Targeted News Service, source News Service

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