80_FR_29891 80 FR 29792 - St. James Federal Savings and Loan Association, St. James, Minnesota; Approval of Conversion Application

80 FR 29792 - St. James Federal Savings and Loan Association, St. James, Minnesota; Approval of Conversion Application

DEPARTMENT OF THE TREASURY
Office of the Comptroller of the Currency

Federal Register Volume 80, Issue 99 (May 22, 2015)

Page Range29792-29792
FR Document2015-12395

Federal Register, Volume 80 Issue 99 (Friday, May 22, 2015)
[Federal Register Volume 80, Number 99 (Friday, May 22, 2015)]
[Notices]
[Page 29792]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2015-12395]


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DEPARTMENT OF THE TREASURY

Office of the Comptroller of the Currency

[OCC Charter Number 706335]


St. James Federal Savings and Loan Association, St. James, 
Minnesota; Approval of Conversion Application

    Notice is hereby given that on May 14, 2015, the Office of the 
Comptroller of the Currency (OCC) approved the application of St. James 
Federal Savings and Loan Association, St. James, Minnesota, to convert 
to the stock form of organization. Copies of the application are 
available for inspection on the OCC Web site at the FOIA Electronic 
Reading Room https://foia-pal.occ.gov/palMain.aspx. If you have any 
questions, please call OCC Licensing Activities at (202) 649-6260.

    Dated: May 14, 2014.

    By the Office of the Comptroller of the Currency.
Stephen A. Lybarger,
Deputy Comptroller for Licensing.
[FR Doc. 2015-12395 Filed 5-21-15; 8:45 am]
BILLING CODE 4810-33-P



                                                    29792                            Federal Register / Vol. 80, No. 99 / Friday, May 22, 2015 / Notices

                                                    would request from commenters, as part                  achieved by expanding the sources of                  remedy order to some but not all
                                                    of such a proceeding.                                   replacement parts, expanding the                      Manufacturers, whether NHTSA should
                                                    FOR FURTHER INFORMATION CONTACT:                        number of authorized repair facilities, or            order the Manufacturers to prioritize
                                                    Arija Flowers, Trial Attorney, Office of                both. Id. § 30120(c)(3). The Secretary                certain vehicles or certain regions in its
                                                    the Chief Counsel, NCC–111, National                    has delegated his authorities under the               allocation of replacement parts and
                                                    Highway Traffic Safety Administration,                  Safety Act to the NHTSA Administrator,                how, and whether NHTSA should order
                                                    1200 New Jersey Avenue SE.,                             49 CFR 1.95(a), 501.2(a)(1). Each of the              a re-replacement schedule for
                                                    Washington, DC 20590 (telephone: 202–                   Manufacturers has elected a remedy                    replacement frontal inflators if Takata
                                                    366–8714).                                              program of repair of the affected                     cannot provide assurances for the
                                                    SUPPLEMENTARY INFORMATION: In order to
                                                                                                            vehicles. See 49 U.S.C. 30120(a)(1)(A).               ongoing safety of the inflators.
                                                                                                            These remedy programs are individual                     Upon NHTSA’s opening of a Section
                                                    ensure that all vehicles in the United
                                                                                                            to each of the Manufacturers, creating a              30120(c)(3) proceeding, additional
                                                    States are equipped with safe air bags as
                                                                                                            patch-work solution that NHTSA                        information, including how to
                                                    quickly as possible and to reduce the
                                                                                                            believes may not adequately address the               comment, will be published in a
                                                    risk of serious injury or death due to an
                                                                                                            safety risks presented by the defective               supplemental Federal Register Notice.
                                                    inflator rupture, NHTSA is considering
                                                                                                            Takata inflators within a reasonable                     Authority: 49 U.S.C. 30101, et seq.,
                                                    exercising its authority under the
                                                                                                            time. Regardless of root cause, these                 30118–30119, 30120(c)(3), 30166(b)(1); 49
                                                    National Traffic and Motor Vehicle
                                                                                                            recalls involve the same safety risk: The             CFR 573.6, 573. 14; delegations of authority
                                                    Safety Act of 1966, as amended and                                                                            at 49 CFR 1.95(a), 501.2(a)(1).
                                                                                                            risk of the air bag inflator rupturing
                                                    recodified (the ‘‘Safety Act’’), 49 U.S.C.
                                                                                                            when the air bag is inflated, which may                Issued: May 18, 2015.
                                                    30101, et seq., to organize and prioritize
                                                                                                            result in serious injury or death to                  Mark R. Rosekind,
                                                    the remedy programs of BMW of North
                                                                                                            vehicle occupants without any prior                   Administrator
                                                    America, LLC (‘‘BMW’’), Chrysler
                                                                                                            warning.
                                                    Group, LLC (‘‘Chrysler’’), Daimler                         The number of impacted vehicles and                [FR Doc. 2015–12449 Filed 5–21–15; 8:45 am]
                                                    Trucks North America, LLC (‘‘DTNA’’),                   manufacturers in combination with the                 BILLING CODE 4910–59–P
                                                    Ford Motor Company (‘‘Ford’’), General                  supply issues related to these air bag
                                                    Motors, LLC (‘‘GM’’), American Honda                    recalls adds a previously unprecedented
                                                    Motor Company (‘‘Honda’’), Mazda                        level of complexity to this recall and                DEPARTMENT OF THE TREASURY
                                                    North American Operations (‘‘Mazda’’),                  remedy process. Given the number of
                                                    Mitsubishi Motors North America, Inc.                                                                         Office of the Comptroller of the
                                                                                                            manufacturers (11) and the technical
                                                    (‘‘Mitsubishi’’), Nissan North America,                                                                       Currency
                                                                                                            complexity of the issues involved,
                                                    Inc. (‘‘Nissan’’), Subaru of America, Inc.              NHTSA intends to open a Section                       [OCC Charter Number 706335]
                                                    (‘‘Subaru’’), and Toyota Motor                          30120(c)(3) proceeding, and has
                                                    Engineering and Manufacturing                           therefore issued this Notice of Intent to             St. James Federal Savings and Loan
                                                    (‘‘Toyota’’) (collectively, the                         inform the public.                                    Association, St. James, Minnesota;
                                                    ‘‘Manufacturers’’), and TK Holdings,                       The goal of a Section 30120(c)(3)                  Approval of Conversion Application
                                                    Inc. (‘‘Takata’’) to address Takata frontal             proceeding is for the agency to consider
                                                    air bag inflators. Specifically, NHTSA is                                                                       Notice is hereby given that on May 14,
                                                                                                            whether (and if so, how) to organize and              2015, the Office of the Comptroller of
                                                    issuing this notice pursuant to its                     prioritize the recall and remedy
                                                    authority under the Safety Act to                                                                             the Currency (OCC) approved the
                                                                                                            programs of the Manufacturers, in order               application of St. James Federal Savings
                                                    ‘‘accelerate’’ a remedy program, 49                     to aid the Manufacturers in
                                                    U.S.C. 30120(c)(3) and 49 CFR 573.14,                                                                         and Loan Association, St. James,
                                                                                                            accomplishing their significant task of               Minnesota, to convert to the stock form
                                                    as delegated by the Secretary of                        replacing all defective Takata air bag                of organization. Copies of the
                                                    Transportation, 49 CFR 1.95, 501.2(a)(1),               inflators.                                            application are available for inspection
                                                    to inspect and investigate, 49 U.S.C.                      As part of a Section 30120(c)(3)
                                                                                                                                                                  on the OCC Web site at the FOIA
                                                    30166(b)(1), and to ensure that defective               proceeding, NHTSA plans to consider
                                                                                                                                                                  Electronic Reading Room https://foia-
                                                    vehicles and equipment are recalled, 49                 the views of commenters regarding
                                                                                                                                                                  pal.occ.gov/palMain.aspx. If you have
                                                    U.S.C. 30118–30119.                                     NHTSA’s exercising its authority with
                                                       On May 18, 2015, Takata filed four                                                                         any questions, please call OCC
                                                                                                            respect to recall and remedy programs
                                                    Defect Information Reports (‘‘DIR’s’’)                                                                        Licensing Activities at (202) 649–6260.
                                                                                                            involving certain defective Takata
                                                    pursuant to 49 CFR 573.6. In those                      frontal air bag inflators, including, but               Dated: May 14, 2014.
                                                    DIR’s, Takata determined that a defect                  not limited whether it should, and on                   By the Office of the Comptroller of the
                                                    exists in certain models of frontal air                 what terms, issue an order to                         Currency.
                                                    bag inflators (PSDI, PSDI–4, PSDI–4K,                   ‘‘accelerate’’ all applicable recall                  Stephen A. Lybarger,
                                                    SPI, PSPI and PSPI–L).                                  remedy programs, which could include,                 Deputy Comptroller for Licensing.
                                                       The Safety Act requires manufacturers                but not be limited to, provisions                     [FR Doc. 2015–12395 Filed 5–21–15; 8:45 am]
                                                    to remedy safety-related defects in                     regarding sourcing, production,                       BILLING CODE 4810–33–P
                                                    motor vehicles. 49 U.S.C. 30120(a). If                  allocation, delivery, installation, and
                                                    the Secretary of Transportation                         adequacy of the remedy.
                                                    determines that a manufacturer’s                           Further, as part of a Section                      DEPARTMENT OF VETERANS
                                                    remedy program is not likely to be                      30120(c)(3) proceeding, NHTSA would
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                                                                                                                                                                  AFFAIRS
                                                    capable of completion within a                          specifically request comments on how
                                                    reasonable time, the Secretary may                      the Manufacturers would comply with                   [OMB Control No. 2900–0085]
                                                    require the manufacturer to ‘‘accelerate’’              an organization and prioritization of
                                                                                                                                                                  Agency Information Collection (Appeal
                                                    the remedy program if the Secretary                     remedy directive, the possible terms of
                                                                                                                                                                  to Board of Veterans’ Appeals) Activity
                                                    finds that there is a risk of serious injury            any such order and, in particular, how
                                                                                                                                                                  Under OMB Review
                                                    or death if the remedy program is not                   NHTSA should order the sourcing of the
                                                    accelerated and that acceleration of the                replacement parts for Manufacturers,                  AGENCY:Board of Veterans’ Appeals,
                                                    remedy program can be reasonably                        whether NHTSA should issue the                        Department of Veterans Affairs.


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Document Created: 2015-12-15 15:45:48
Document Modified: 2015-12-15 15:45:48
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 29792 

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