80_FR_17105 80 FR 17044 - Formations of, Acquisitions by, and Mergers of Bank Holding Companies

80 FR 17044 - Formations of, Acquisitions by, and Mergers of Bank Holding Companies

FEDERAL RESERVE SYSTEM

Federal Register Volume 80, Issue 61 (March 31, 2015)

Page Range17044-17045
FR Document2015-07295

Federal Register, Volume 80 Issue 61 (Tuesday, March 31, 2015)
[Federal Register Volume 80, Number 61 (Tuesday, March 31, 2015)]
[Notices]
[Pages 17044-17045]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2015-07295]


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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 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

[[Page 17045]]

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 April 24, 2015.
    A. Federal Reserve Bank of Kansas City (Dennis Denney, Assistant 
Vice President) 1 Memorial Drive, Kansas City, Missouri 64198-0001:
    1. Jones National Corporation, Seward, Nebraska; to acquire 100 
percent of the voting shares of Valparaiso Enterprises, Inc., and 
thereby indirectly acquire Oak Creek Valley Bank, both in Valparaiso, 
Nebraska.
    In connection with this application, Applicant also has applied to 
engage through Valparaiso Enterprises, Inc., Valparaiso, Nebraska, in 
general insurance activities in a town of less than 5,000 in 
population, pursuant to section 225.28(b)(11)(iii)(A).

    Board of Governors of the Federal Reserve System, March 26, 
2015.
Michael J. Lewandowski,
Associate Secretary of the Board.
[FR Doc. 2015-07295 Filed 3-30-15; 8:45 am]
BILLING CODE 6210-01-P



                                                    17044                         Federal Register / Vol. 80, No. 61 / Tuesday, March 31, 2015 / Notices

                                                       Total Annual Burden: 1319 hours.                     internal definition of capital. Section 41            indicated. The application also will be
                                                       General Description of Collection:                   requires banks to maintain thorough                   available for inspection at the offices of
                                                    Section 42 of the Federal Deposit                       documentation of ICAAP. Section 43                    the Board of Governors. Interested
                                                    Insurance Act mandates that an                          specifies that boards of directors must               persons may express their views in
                                                    institution proposing to close a branch                 approve the bank’s ICAAP, review it on                writing on the standards enumerated in
                                                    give its primary regulator no less than                 a regular basis, and approve any                      the HOLA (12 U.S.C. 1467a(e)). If the
                                                    90 days written notice. Notices of                      changes. Boards of directors also are                 proposal also involves the acquisition of
                                                    closure are submitted on occasion as                    required under section 46 to                          a nonbanking company, the review also
                                                    needed. Also, each insured depository                   periodically review the assessment of                 includes whether the acquisition of the
                                                    institution must adopt branch closing                   overall capital adequacy and to analyze               nonbanking company complies with the
                                                    policies. The adoption of policies is a                 how measures of internal capital                      standards in section 10(c)(4)(B) of the
                                                    one-time activity, repeated only if the                 adequacy compare with other capital                   HOLA (12 U.S.C. 1467a(c)(4)(B)). Unless
                                                    institution finds need to revise its                    measures (such as regulatory or                       otherwise noted, nonbanking activities
                                                    policy.                                                 accounting).                                          will be conducted throughout the
                                                       2. Title: Large-Bank Deposit Insurance                                                                     United States.
                                                    Programs                                                Request for Comment                                     Unless otherwise noted, comments
                                                       OMB Number: 3064–0162.                                 Comments are invited on: (a) Whether                regarding each of these applications
                                                       Frequency of Response: On occasion.                  the collection of information is                      must be received at the Reserve Bank
                                                       Affected Public: Insured depository                  necessary for the proper performance of               indicated or the offices of the Board of
                                                    institutions having at least $2 billion in              the FDIC’s functions, including whether               Governors not later than April 24, 2015.
                                                    domestic deposits and either at least: (i)              the information has practical utility; (b)              A. Federal Reserve Bank of Cleveland
                                                    250,000 deposit accounts; or (ii) $20                   the accuracy of the estimates of the                  (Nadine Wallman, Vice President) 1455
                                                    million in total assets.                                burden of the information collection,                 East Sixth Street, Cleveland, Ohio
                                                       Estimated Number of Respondents:                     including the validity of the                         44101–2566:
                                                    159.                                                    methodology and assumptions used; (c)                   1. First Mutual Holding Company,
                                                       Estimated Time per Response: 157—                    ways to enhance the quality, utility, and             Lakewood, Ohio; to reorganize into a
                                                    255.5 hours.                                            clarity of the information to be                      MHC structure, and thereby acquire
                                                       Total Annual Burden: 25,000—                         collected; and (d) ways to minimize the               First Federal Saving and Loan
                                                    40,624.5 hours.                                         burden of the information collection on               Association of Lakewood, Lakewood,
                                                       General Description of Collection:                   respondents, including through the use                Ohio, in connection with the thrift’s
                                                    Insured depository institutions having                  of automated collection techniques or                 conversion from mutual to stock form.
                                                    at least $2 billion in domestic deposits                other forms of information technology.                  Board of Governors of the Federal Reserve
                                                    and either: (1) More than 250,000                       All comments will become a matter of                  System, March 26, 2015.
                                                    deposit accounts; or (2) total assets over              public record.                                        Michael J. Lewandowski,
                                                    $20 billion, regardless of the number of                                                                      Associate Secretary of the Board.
                                                    deposit accounts are required to adopt                    Dated at Washington, DC, this 25th day of
                                                                                                            March 2015.                                           [FR Doc. 2015–07294 Filed 3–30–15; 8:45 am]
                                                    mechanisms that, in the event of the
                                                    institution’s failure: (1) Provide the                  Federal Deposit Insurance Corporation.                BILLING CODE 6210–01–P

                                                    FDIC with standard deposit account and                  Robert E. Feldman,
                                                    customer information; and (2) allow the                 Executive Secretary.
                                                                                                                                                                  FEDERAL RESERVE SYSTEM
                                                    FDIC to place and release holds on                      [FR Doc. 2015–07229 Filed 3–30–15; 8:45 am]
                                                    liability accounts, including deposits.                 BILLING CODE 6714–01–P                                Formations of, Acquisitions by, and
                                                       3. Title: Basel II Interagency                                                                             Mergers of Bank Holding Companies
                                                    Supervisory Guidance for the
                                                    Supervisory Review Process (Pillar 2).                                                                          The companies listed in this notice
                                                                                                            FEDERAL RESERVE SYSTEM
                                                       OMB Number: 3064–0165.                                                                                     have applied to the Board for approval,
                                                       Frequency of Response: Event-                        Formations of, Acquisitions by, and                   pursuant to the Bank Holding Company
                                                    generated.                                              Mergers of Savings and Loan Holding                   Act of 1956 (12 U.S.C. 1841 et seq.)
                                                       Affected Public: Insured state                       Companies                                             (BHC Act), Regulation Y (12 CFR part
                                                    nonmember banks and certain                                                                                   225), and all other applicable statutes
                                                    subsidiaries of these entities.                            The companies listed in this notice                and regulations to become a bank
                                                       Estimated Number of Respondents:                     have applied to the Board for approval,               holding company and/or to acquire the
                                                    19.                                                     pursuant to the Home Owners’ Loan Act                 assets or the ownership of, control of, or
                                                       Estimated Time per Response: 420                     (12 U.S.C. 1461 et seq.) (HOLA),                      the power to vote shares of a bank or
                                                    hours.                                                  Regulation LL (12 CFR part 238), and                  bank holding company and all of the
                                                       Total Annual Burden: 7,980 hours.                    Regulation MM (12 CFR part 239), and                  banks and nonbanking companies
                                                       General Description of Collection: The               all other applicable statutes and                     owned by the bank holding company,
                                                    agencies issued a supervisory guidance                  regulations to become a savings and                   including the companies listed below.
                                                    document for implementing the                           loan holding company and/or to acquire                  The applications listed below, as well
                                                    supervisory review process (Pillar 2).                  the assets or the ownership of, control               as other related filings required by the
                                                    The guidance was issued on July 31,                     of, or the power to vote shares of a                  Board, are available for immediate
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                                                    2008 (73 FR 44620). Sections 37, 41, 43,                savings association and nonbanking                    inspection at the Federal Reserve Bank
                                                    and 46 of the guidance impose                           companies owned by the savings and                    indicated. The applications will also be
                                                    information collection requirements.                    loan holding company, including the                   available for inspection at the offices of
                                                    Section 37 states that banks should state               companies listed below.                               the Board of Governors. Interested
                                                    clearly the definition of capital used in                  The applications listed below, as well             persons may express their views in
                                                    any aspect of its internal capital                      as other related filings required by the              writing on the standards enumerated in
                                                    adequacy assessment process (ICAAP)                     Board, are available for immediate                    the BHC Act (12 U.S.C. 1842(c)). If the
                                                    and document any changes in the                         inspection at the Federal Reserve Bank                proposal also involves the acquisition of


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                                                                                  Federal Register / Vol. 80, No. 61 / Tuesday, March 31, 2015 / Notices                                                  17045

                                                    a nonbanking company, the review also                      1. The Belva H. Rasmussen 2012                     where an agenda and any additional
                                                    includes whether the acquisition of the                 Irrevocable Trust, Roseville, Minnesota,              information for the meeting will be posted
                                                    nonbanking company complies with the                    Pamela M. Harris, Falcon Heights,                     when available.
                                                    standards in section 4 of the BHC Act                   Minnesota, and Eva B. Rasmussen,                      (Catalogue of Federal Domestic Assistance
                                                    (12 U.S.C. 1843). Unless otherwise                      Edina, Minnesota, individually and as                 Program Nos. 93.392, Cancer Construction;
                                                                                                                                                                  93.393, Cancer Cause and Prevention
                                                    noted, nonbanking activities will be                    trustees, and Benjamin T. Rasmussen,
                                                                                                                                                                  Research; 93.394, Cancer Detection and
                                                    conducted throughout the United States.                 Edina, Minnesota, to retroactively join               Diagnosis Research; 93.395, Cancer
                                                      Unless otherwise noted, comments                      the Rasmussen Family Control Group; to                Treatment Research; 93.396, Cancer Biology
                                                    regarding each of these applications                    acquire voting shares of Northeast                    Research; 93.397, Cancer Centers Support;
                                                    must be received at the Reserve Bank                    Securities Corporation, Minneapolis,                  93.398, Cancer Research Manpower; 93.399,
                                                    indicated or the offices of the Board of                Minnesota; and thereby indirectly                     Cancer Control, National Institutes of Health,
                                                    Governors not later than April 24, 2015.                acquire voting shares of Northeast Bank,              HHS)
                                                      A. Federal Reserve Bank of Kansas                     Minneapolis, Minnesota.
                                                                                                                                                                    Dated: March 26, 2015.
                                                    City (Dennis Denney, Assistant Vice                       Board of Governors of the Federal Reserve
                                                                                                                                                                  Melanie J. Gray,
                                                    President) 1 Memorial Drive, Kansas                     System, March 26, 2015.
                                                    City, Missouri 64198–0001:                                                                                    Program Analyst, Office of Federal Advisory
                                                                                                            Michael J. Lewandowski,
                                                                                                                                                                  Committee Policy.
                                                      1. Jones National Corporation,                        Associate Secretary of the Board.
                                                                                                                                                                  [FR Doc. 2015–07340 Filed 3–30–15; 8:45 am]
                                                    Seward, Nebraska; to acquire 100                        [FR Doc. 2015–07296 Filed 3–30–15; 8:45 am]
                                                    percent of the voting shares of                                                                               BILLING CODE 4140–01–P
                                                                                                            BILLING CODE 6210–01–P
                                                    Valparaiso Enterprises, Inc., and thereby
                                                    indirectly acquire Oak Creek Valley
                                                    Bank, both in Valparaiso, Nebraska.                                                                           DEPARTMENT OF HEALTH AND
                                                                                                            DEPARTMENT OF HEALTH AND                              HUMAN SERVICES
                                                      In connection with this application,                  HUMAN SERVICES
                                                    Applicant also has applied to engage                                                                          Administration for Children and
                                                    through Valparaiso Enterprises, Inc.,                   National Institutes of Health                         Families
                                                    Valparaiso, Nebraska, in general
                                                    insurance activities in a town of less                  National Cancer Institute; Notice of                  Notice for Public Comment on the
                                                    than 5,000 in population, pursuant to                   Closed Meeting                                        Child Abuse Prevention and Treatment
                                                    section 225.28(b)(11)(iii)(A).                            Pursuant to section 10(d) of the                    Act (CAPTA)
                                                      Board of Governors of the Federal Reserve             Federal Advisory Committee Act, as                    AGENCY: Children’s Bureau;
                                                    System, March 26, 2015.                                 amended (5 U.S.C. App.), notice is                    Administration on Children, Youth and
                                                    Michael J. Lewandowski,                                 hereby given of the following meeting.                Families; ACF, HHS.
                                                    Associate Secretary of the Board.                         The meeting will be closed to the
                                                                                                                                                                  ACTION: Notice.
                                                    [FR Doc. 2015–07295 Filed 3–30–15; 8:45 am]             public in accordance with the
                                                    BILLING CODE 6210–01–P                                  provisions set forth in sections                      SUMMARY:    Pursuant to 42 U.S.C. 5106a,
                                                                                                            552b(c)(4) and 552b(c)(6), Title 5 U.S.C.,            the Children’s Bureau (CB) announces
                                                                                                            as amended. The grant applications and                the opportunity for public comment on
                                                    FEDERAL RESERVE SYSTEM                                  the discussions could disclose                        the policy interpretation of section
                                                                                                            confidential trade secrets or commercial              106(b)(2)(B)(x) articulated in question
                                                    Change in Bank Control Notices;                         property such as patentable material,                 2.1A.4 #8 of the Child Welfare Policy
                                                    Acquisitions of Shares of a Bank or                     and personal information concerning                   Manual (CWPM), which concerns the
                                                    Bank Holding Company                                    individuals associated with the grant                 public disclosure of findings or
                                                                                                            applications, the disclosure of which                 information about a case of child abuse
                                                      The notificants listed below have
                                                                                                            would constitute a clearly unwarranted                or neglect which results in a child
                                                    applied under the Change in Bank
                                                                                                            invasion of personal privacy.                         fatality or near fatality.
                                                    Control Act (12 U.S.C. 1817(j)) and
                                                    section 225.41 of the Board’s Regulation                  Name of Committee: National Cancer                  DATES: Submit written or electronic
                                                    Y (12 CFR 225.41) to acquire shares of                  Institute Special Emphasis Panel                      comments on or before June 29, 2015.
                                                                                                            Development of Informatics Technology.
                                                    a bank or bank holding company. The                                                                           ADDRESSES: Interested persons may
                                                                                                              Date: April 15–16, 2015.
                                                    factors that are considered in acting on                  Time: 11:00 a.m. to 5:00 p.m.                       submit comments to http://
                                                    the notices are set forth in paragraph 7                  Agenda: To review and evaluate grant                www.regulations.gov/. We urge you to
                                                    of the Act (12 U.S.C. 1817(j)(7)).                      applications.                                         submit comments electronically to
                                                      The notices are available for                           Place: National Cancer Institute Shady              ensure they are received in a timely
                                                    immediate inspection at the Federal                     Grove, 9609 Medical Center Drive, Room                manner. Written comments may also be
                                                    Reserve Bank indicated. The notices                     7W538, Rockville, MD 20850, (Telephone                submitted to Kathleen McHugh, United
                                                                                                            Conference Call).                                     States Department of Health and Human
                                                    also will be available for inspection at
                                                                                                              Contact Person: Nicholas Kenney, Ph.D.,
                                                    the offices of the Board of Governors.                                                                        Services, Administration for Children
                                                                                                            Scientific Review Officer, Research
                                                    Interested persons may express their                    Technology and Contract Review Branch,                and Families, Policy Division, 8th Floor,
                                                    views in writing to the Reserve Bank                    Division of Extramural Activities, National           1250 Maryland Avenue, SW.,
                                                    indicated for that notice or to the offices             Cancer Institute, 9609 Medical Center Drive,          Washington, DC 20024.
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                                                    of the Board of Governors. Comments                     Room 7W246, Rockville, MD 20850, 240–                 FOR FURTHER INFORMATION CONTACT:
                                                    must be received not later than April 15,               276–6374, nicholas.kenney@nih.gov.                    Kathleen McHugh, United States
                                                    2015.                                                     This notice is being published less than 15         Department of Health and Human
                                                                                                            days prior to the meeting due to the timing
                                                      A. Federal Reserve Bank of                            limitations imposed by the review and
                                                                                                                                                                  Services, Administration for Children
                                                    Minneapolis (Jacquelyn K. Brunmeier,                    funding cycle.                                        and Families, Policy Division, 8th Floor,
                                                    Assistant Vice President) 90 Hennepin                     Information is also available on the                1250 Maryland Avenue, SW.,
                                                    Avenue, Minneapolis, Minnesota                          Institute’s/Center’s home page: http://               Washington, DC 20024. Email address:
                                                    55480–0291:                                             deainfo.nci.nih.gov/advisory/sep/sep.htm,             cbcomments@acf.hhs.gov.


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Document Created: 2015-12-18 11:48:24
Document Modified: 2015-12-18 11:48:24
CategoryRegulatory Information
CollectionFederal Register
sudoc ClassAE 2.7:
GS 4.107:
AE 2.106:
PublisherOffice of the Federal Register, National Archives and Records Administration
SectionNotices
FR Citation80 FR 17044 

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