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 public portions of the applications listed below, as well as other related filings
required by the Board, if any, are available for immediate inspection at the Federal
Reserve Bank(s) indicated below and at the offices of the Board of Governors. This
information may also be obtained on an expedited basis, upon request, by contacting the
appropriate Federal Reserve Bank and from the Board’s Freedom of Information Office
at https://www.federalreserve.gov/foia/request.htm. Interested persons may express their
views in writing on the standards enumerated in the BHC Act (12 U.S.C. 1842(c)).
Comments received are subject to public disclosure. In general, comments
received will be made available without change and will not be modified to remove
personal or business information including confidential, contact, or other identifying
information. Comments should not include any information such as confidential
information that would not be appropriate for public disclosure.
Comments regarding each of these applications must be received at the Reserve
Bank indicated or the offices of the Board of Governors, Ann E. Misback, Secretary of

the Board, 20th Street and Constitution Avenue, N.W., Washington D.C. 20551-0001,
not later than August 2, 2024.
A. Federal Reserve Bank of Boston (Prabal Chakrabarti, Senior Vice President) 600
Atlantic Avenue, Boston, Massachusetts 02210-2204. Comments can also be sent
electronically to BOS.SRC.Applications.Comments@bos.frb.org:
1. Ion Financial, MHC, Naugatuck, Connecticut; to become a bank holding company by
merging with NVE Bancorp, MHC, and NVE Bancorp, Inc., and thereby indirectly
acquiring NVE Bank, all of Englewood, New Jersey.
Board of Governors of the Federal Reserve System.
Michele Taylor Fennell,
Deputy Associate Secretary of the Board.

[FR Doc. 2024-14654 Filed: 7/2/2024 8:45 am; Publication Date: 7/3/2024]