[Federal Register Volume 74, Number 198 (Thursday, October 15, 2009)]
[Notices]
[Page 52964]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E9-24766]


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FEDERAL RESERVE SYSTEM


Notice of Proposals to Engage in Permissible Nonbanking 
Activities or to Acquire Companies that are Engaged in Permissible 
Nonbanking Activities

    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 
Sec. [thinsp]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. Additional information on all 
bank holding companies may be obtained from the National Information 
Center website at www.ffiec.gov/nic/.
    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 October 29, 2009.
    A. Federal Reserve Bank of Chicago (Colette A. Fried, Assistant 
Vice President) 230 South LaSalle Street, Chicago, Illinois 60690-1414:
    1. Iowa Credit Union League, and Affiliates Management Company, 
both of Clive, Iowa; to acquire 100 percent of the voting shares of The 
Members Group, Inc., Clive, Iowa, and thereby engage in data procesing, 
real estate leasing, and asset management, servicing, and collection 
activities, pursuant to sections 225.28(2)(vi), (b)(3), and (b)(14)(i) 
of Regulation Y.
    2. Iowa Credit Union League, and Affiliates Management Company, 
both of Clive, Iowa; to acquire 53 percent of the voting shares of 
Community Business Lenders, L.L.C., Clive, Iowa, and thereby engage in 
extending credit and servicing loans, pursuant to section 225.28(b)(1) 
of Regulation Y.
    3. Iowa Credit Union League, and Affiliates Management Company, 
both of Clive, Iowa; to acquire 89 percent of the voting shares of TMG 
Financial Services,Inc., Clive, Iowa, and thereby engage in extending 
credit and servicing loans, pursuant to section 225.28(b)(1) of 
Regulation Y.
    4. Iowa Credit Union League, and Affiliates Management Company, 
both of Clive, Iowa; to acquire 90 percent of the voting shares of 
Coopera Consulting, L.L.C., Clive, Iowa, and thereby engage in 
community development advisory activities, pursuant to section 
225.28(b)(12)(ii) of Regulation Y.

    Board of Governors of the Federal Reserve System, October 9, 
2009.
Jennifer J. Johnson,
Secretary of the Board.
[FR Doc. E9-24766 Filed 10-14-09; 8:45 am]
BILLING CODE 6210-01-S?>