80_FR_25762 80 FR 25676 - Formations of, Acquisitions by, and Mergers of Bank Holding Companies

80 FR 25676 - Formations of, Acquisitions by, and Mergers of Bank Holding Companies

FEDERAL RESERVE SYSTEM

Federal Register Volume 80, Issue 86 (May 5, 2015)

Page Range25676-25676
FR Document2015-10442

Federal Register, Volume 80 Issue 86 (Tuesday, May 5, 2015)
[Federal Register Volume 80, Number 86 (Tuesday, May 5, 2015)]
[Notices]
[Page 25676]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2015-10442]


=======================================================================
-----------------------------------------------------------------------

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 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 May 29, 2015.
    A. Federal Reserve Bank of Chicago (Colette A. Fried, Assistant 
Vice President) 230 South LaSalle Street, Chicago, Illinois 60690-1414:
    1. Ambank Company, Inc., Sioux Center, Iowa; to acquire 100 percent 
of the voting shares of Alton Bancorporation, and thereby indirectly 
acquire voting shares of Community Bank, both in Alton, Iowa.

    Board of Governors of the Federal Reserve System, April 30, 
2015.
Michael J. Lewandowski,
Associate Secretary of the Board.
[FR Doc. 2015-10442 Filed 5-4-15; 8:45 am]
 BILLING CODE 6210-01-P



                                                    25676                           Federal Register / Vol. 80, No. 86 / Tuesday, May 5, 2015 / Notices

                                                    Federal Reserve Board via email at                      noted, nonbanking activities will be                  Commission, Office of the Secretary,
                                                    appraisal-questions@frb.gov, requesting                 conducted throughout the United States.               600 Pennsylvania Avenue NW., Suite
                                                    a return meeting registration email. The                  Unless otherwise noted, comments                    CC–5610 (Annex J), Washington, DC
                                                    Federal Reserve Law Enforcement Unit                    regarding each of these applications                  20580, or deliver your comment to the
                                                    will then send an email message with a                  must be received at the Reserve Bank                  following address: Federal Trade
                                                    web link where you may provide your                     indicated or the offices of the Board of              Commission, Office of the Secretary,
                                                    date of birth and social security number                Governors not later than May 29, 2015.                Constitution Center, 400 7th Street SW.,
                                                    through their encrypted system. You                       A. Federal Reserve Bank of Chicago                  5th Floor, Suite 5610 (Annex J),
                                                    may register until close of business May                (Colette A. Fried, Assistant Vice                     Washington, DC 20024.
                                                    8, 2015. You will also be asked to                      President) 230 South LaSalle Street,                  FOR FURTHER INFORMATION CONTACT:
                                                    provide identifying information,                        Chicago, Illinois 60690–1414:                         Robin Moore, Attorney, 202–326–2167,
                                                    including a valid government-issued                       1. Ambank Company, Inc., Sioux                      Division of Enforcement, Bureau of
                                                    photo ID, before being admitted to the                  Center, Iowa; to acquire 100 percent of               Consumer Protection, 600 Pennsylvania
                                                    meeting. Alternatively, you can contact                 the voting shares of Alton                            Avenue NW., Washington, DC 20580.
                                                    Kevin Wilson at 202–452–2362 for other                  Bancorporation, and thereby indirectly
                                                                                                                                                                  SUPPLEMENTARY INFORMATION:
                                                    registration options. The meeting space                 acquire voting shares of Community
                                                    is intended to accommodate public                       Bank, both in Alton, Iowa.                            I. Background
                                                    attendees. However, if the space will not                 Board of Governors of the Federal Reserve             The Commission’s Class Action
                                                    accommodate all requests, the ASC may                   System, April 30, 2015.                               Fairness Project strives to ensure that
                                                    refuse attendance on that reasonable                    Michael J. Lewandowski,                               class action settlements in consumer
                                                    basis. The use of any video or audio                    Associate Secretary of the Board.                     protection and competition matters
                                                    tape recording device, photographing                    [FR Doc. 2015–10442 Filed 5–4–15; 8:45 am]            provide appropriate benefits to
                                                    device, or any other electronic or                      BILLING CODE 6210–01–P                                consumers and that class action counsel
                                                    mechanical device designed for similar                                                                        or defendants are not inappropriately
                                                    purposes is prohibited at ASC meetings.                                                                       benefitting at the expense of class
                                                      Dated: April 29, 2015.                                FEDERAL TRADE COMMISSION                              members. As part of this program, the
                                                    James R. Park,                                                                                                FTC monitors class actions and files
                                                    Executive Director.                                     Agency Information Collection                         amicus briefs or intervenes in
                                                    [FR Doc. 2015–10467 Filed 5–4–15; 8:45 am]              Activities; Proposed Collection;                      appropriate cases; 1 coordinates with
                                                    BILLING CODE P
                                                                                                            Comment Request                                       state, federal, and private groups to
                                                                                                                                                                  advise them and to seek suggestions on
                                                                                                            AGENCY: Federal Trade Commission                      matters that merit FTC attention; and
                                                                                                            (‘‘Commission’’ or ‘‘FTC’’).                          monitors the progress of legislation and
                                                                                                            ACTION: Notice.                                       class action rule changes.
                                                    FEDERAL RESERVE SYSTEM
                                                                                                            SUMMARY:   The FTC plans to conduct a                 II. The FTC’s Proposed Study
                                                    Formations of, Acquisitions by, and                     study to examine consumer perception
                                                    Mergers of Bank Holding Companies                       of class action notices. This is the first            A. Study Description
                                                      The companies listed in this notice                   of two notices required under the                        To further these goals, the FTC plans
                                                    have applied to the Board for approval,                 Paperwork Reduction Act (‘‘PRA’’)                     to conduct an Internet-based consumer
                                                    pursuant to the Bank Holding Company                    seeking public comments on proposed                   research study to explore consumer
                                                    Act of 1956 (12 U.S.C. 1841 et seq.)                    research before requesting Office of                  perceptions of class action notices,
                                                    (BHC Act), Regulation Y (12 CFR part                    Management and Budget (‘‘OMB’’)                       including whether consumers
                                                    225), and all other applicable statutes                 review of, and clearance for, the                     understand the options provided in the
                                                    and regulations to become a bank                        collection of information discussed                   notices and the implications of such
                                                    holding company and/or to acquire the                   herein.                                               options. The proposed Study will gauge
                                                    assets or the ownership of, control of, or              DATES:  Comments must be received on                  consumer comprehension of the options
                                                    the power to vote shares of a bank or                   or before July 6, 2015.                               conveyed by the notice and the
                                                    bank holding company and all of the                                                                           implications of each option for the
                                                                                                            ADDRESSES: Interested parties may
                                                    banks and nonbanking companies                                                                                respondent. Specifically, using a
                                                                                                            file a comment at https://
                                                    owned by the bank holding company,                                                                            treatment-effect methodology, the study
                                                                                                            ftcpublic.commentworks.com/ftc/
                                                    including the companies listed below.                                                                         will examine whether respondents
                                                                                                            classactionnoticepra online or on paper,
                                                                                                                                                                  receiving class action notices
                                                      The applications listed below, as well                by following the instructions in the
                                                    as other related filings required by the                Request for Comment part of the                          1 See e.g., FTC’s Mem. of Law as Amicus Curiae,
                                                    Board, are available for immediate                      SUPPLEMENTARY INFORMATION section                     Nwabueze v. AT&T, Inc., 3:09–cv–1529 (N.D. Cal.
                                                    inspection at the Federal Reserve Bank                  below. Write ‘‘Class Action Notice                    Aug. 30, 2013), available at https://www.ftc.gov/
                                                    indicated. The applications will also be                Consumer Perception Study, Project No.                sites/default/files/documents/amicus_briefs/
                                                                                                                                                                  nwabueze-v.att-inc./130830nwabuezeamicus.pdf;
                                                    available for inspection at the offices of              P024210’’ on your comment, and file                   FTC’s Mem. of Law as Amicus Curiae, White v.
                                                    the Board of Governors. Interested                      your comment online at https://                       EDebitPay, LLC, 2:11–cv–06738 (C.D. Cal. Aug. 9,
                                                    persons may express their views in                      ftcpublic.commentworks.com/ftc/
asabaliauskas on DSK5VPTVN1PROD with NOTICES




                                                                                                                                                                  2013), available at https://www.ftc.gov/sites/
                                                    writing on the standards enumerated in                  classactionnoticepra by following the                 default/files/documents/amicus_briefs/anita-white-
                                                                                                                                                                  et-al.v.edebitpay-l.l.c.et-al.no.211-cv-06738-cbm-
                                                    the BHC Act (12 U.S.C. 1842(c)). If the                 instructions on the web-based form. If                ffm-c.d.cal-august-9-2013/
                                                    proposal also involves the acquisition of               you prefer to file your comment on                    130809edebitpayamicusbrief.pdf; Mot. of FTC for
                                                    a nonbanking company, the review also                   paper, write ‘‘Class Action Notice                    Leave to File Brief as Amicus Curiae, Moore v.
                                                    includes whether the acquisition of the                 Consumer Perception Study, Project No.                Verizon Commc’ns, Inc., 4:09–cv–08123 (N.D. Cal.
                                                                                                                                                                  Aug. 17, 2012), available at https://www.ftc.gov/
                                                    nonbanking company complies with the                    P024210’’ on your comment and on the                  sites/default/files/documents/amicus_briefs/moore-
                                                    standards in section 4 of the BHC Act                   envelope, and mail your comment to the                v.verizon-communications-inc./
                                                    (12 U.S.C. 1843). Unless otherwise                      following address: Federal Trade                      120817mooreverizonamicusbrief.pdf.



                                               VerDate Sep<11>2014   17:18 May 04, 2015   Jkt 235001   PO 00000   Frm 00017   Fmt 4703   Sfmt 4703   E:\FR\FM\05MYN1.SGM   05MYN1



Document Created: 2015-12-16 07:53:36
Document Modified: 2015-12-16 07:53:36
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 25676 

2025 Federal Register | Disclaimer | Privacy Policy
USC | CFR | eCFR