80 FR 55627 - Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company
FEDERAL RESERVE SYSTEM Federal Register Volume 80, Issue 179 (September 16, 2015)
Federal Register Volume 80, Issue 179 (September 16, 2015)
| Page Range | 55627-55627 | |
| FR Document | 2015-23250 |
[Federal Register Volume 80, Number 179 (Wednesday, September 16, 2015)] [Notices] [Page 55627] From the Federal Register Online [www.thefederalregister.org] [FR Doc No: 2015-23250] ----------------------------------------------------------------------- FEDERAL RESERVE SYSTEM Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company The notificants listed below have applied under the Change in Bank Control Act (12 U.S.C. 1817(j)) and Sec. 225.41 of the Board's Regulation Y (12 CFR 225.41) to acquire shares of a bank or bank holding company. The factors that are considered in acting on the notices are set forth in paragraph 7 of the Act (12 U.S.C. 1817(j)(7)). The notices are available for immediate inspection at the Federal Reserve Bank indicated. The notices also will be available for inspection at the offices of the Board of Governors. Interested persons may express their views in writing to the Reserve Bank indicated for that notice or to the offices of the Board of Governors. Comments must be received not later than October 1, 2015. A. Federal Reserve Bank of Atlanta (Chapelle Davis, Assistant Vice President) 1000 Peachtree Street NE., Atlanta, Georgia 30309: 1. 4580 Trust (Shveta S. Raju and Asha J. Shah, co-trustees), 3490 Trust (Deep J. Shah and Asha J. Shah, co-trustees); 2764 Trust (Deep J. Shah and Shveta S. Raju, co-trustees); and Deep J. Shah, all of Duluth, Georgia, to join the Shah Family control group, which controls voting shares of Touchmark Bancshares, Inc., and thereby indirectly controls voting shares of Touchmark National Bank, both in Alpharetta, Georgia. Board of Governors of the Federal Reserve System, September 11, 2015. Michael J. Lewandowski, Associate Secretary of the Board. [FR Doc. 2015-23250 Filed 9-15-15; 8:45 am] BILLING CODE 6210-01-P
![Federal Register / Vol. 80, No. 179 / Wednesday, September 16, 2015 / Notices 55627
effort to be responsive to industry FR Y–14M Schedule B (Home Equity Board of Governors of the Federal Reserve
comments regarding the delayed Loan and Home Equity Line) System, September 11, 2015.
reporting of loans that are serviced-by- Michael J. Lewandowski,
others; and (2) adding two options to the What is the most efficient and cost- Associate Secretary of the Board.
Mortgage Insurance Company item to effective manner to collect the [FR Doc. 2015–23250 Filed 9–15–15; 8:45 am]
more consistently identify companies information related to the performance BILLING CODE 6210–01–P
within and across respondents. These of a first lien that is related to a junior
changes would be effective December lien reported on FR Y–14M Schedule B?
31, 2015. What standards could be established FEDERAL RESERVE SYSTEM
that would make this item easier to
Schedule B (Home Equity) report (e.g. use of credit bureau scores Formations of, Acquisitions by, and
as proxy, use of external vendors to Mergers of Bank Holding Companies
The Federal Reserve proposes (1)
procure data, establish threshold limits The companies listed in this notice
adding two items—Serviced by Others
if the junior lien portfolio is below a have applied to the Board for approval,
Flag and Reporting As of Month—in an
certain limit)? pursuant to the Bank Holding Company
effort to be responsive to industry
comments regarding the delayed Board of Governors of the Federal Reserve Act of 1956 (12 U.S.C. 1841 et seq.)
reporting of loans that are serviced-by- System, September 11, 2015. (BHC Act), Regulation Y (12 CFR part
Michael Lewandowski, 225), and all other applicable statutes
others; and (2) adding the item Payment
and regulations to become a bank
Type at the End of Draw Period and an Associate Secretary of the Board.
holding company and/or to acquire the
option to the Modification Type item to [FR Doc. 2015–23267 Filed 9–15–15; 8:45 am]
assets or the ownership of, control of, or
capture the differing risk characteristics BILLING CODE 6210–01–P the power to vote shares of a bank or
based on payment type set on the loan bank holding company and all of the
after the draw period has ended. These banks and nonbanking companies
changes would be effective December FEDERAL RESERVE SYSTEM owned by the bank holding company,
31, 2015. including the companies listed below.
Change in Bank Control Notices; The applications listed below, as well
Notice of Intent To Share Information Acquisitions of Shares of a Bank or as other related filings required by the
The Office of Financial Research Bank Holding Company Board, are available for immediate
(OFR) of the Department of Treasury has inspection at the Federal Reserve Bank
The notificants listed below have indicated. The applications will also be
requested access to the FR Y–14A/Q/M
applied under the Change in Bank available for inspection at the offices of
reports for use in connection with its
Control Act (12 U.S.C. 1817(j)) and the Board of Governors. Interested
statutory mandate ‘‘to evaluate and
§ 225.41 of the Board’s Regulation Y (12 persons may express their views in
report on stress tests.’’ The current FR
CFR 225.41) to acquire shares of a bank writing on the standards enumerated in
Y–14 collections indicate that the
or bank holding company. The factors the BHC Act (12 U.S.C. 1842(c)). If the
collected data will be kept confidential.
that are considered in acting on the proposal also involves the acquisition of
Through this proposal, the Board is
notices are set forth in paragraph 7 of a nonbanking company, the review also
providing notice that OFR will have
the Act (12 U.S.C. 1817(j)(7)). includes whether the acquisition of the
access to the FR Y–14A/Q/M reports.
The notices are available for nonbanking company complies with the
The OFR has provided assurances that
immediate inspection at the Federal standards in section 4 of the BHC Act
it will maintain the confidentiality of (12 U.S.C. 1843). Unless otherwise
this information, including that it would Reserve Bank indicated. The notices
also will be available for inspection at noted, nonbanking activities will be
limit access to the data to authorized conducted throughout the United States.
staff and that any publication by the the offices of the Board of Governors.
Unless otherwise noted, comments
OFR using the reports would not Interested persons may express their
regarding each of these applications
contain confidential information. views in writing to the Reserve Bank must be received at the Reserve Bank
indicated for that notice or to the offices indicated or the offices of the Board of
Request for Additional Feedback of the Board of Governors. Comments Governors not later than October 13,
Respondents have previously must be received not later than October 2015.
expressed concern, either through 1, 2015. A. Federal Reserve Bank of
industry groups or the Federal Reserve’s A. Federal Reserve Bank of Atlanta Philadelphia (William Lang, Senior Vice
Frequently Asked Questions process, (Chapelle Davis, Assistant Vice President) 100 North 6th Street,
regarding the cost and burden of President) 1000 Peachtree Street NE., Philadelphia, Pennsylvania 19105–
collecting the information related to the Atlanta, Georgia 30309: 1521:
Performance of First Lien item of FR Y– 1. Riverview Financial Corporation,
1. 4580 Trust (Shveta S. Raju and
Halifax, Pennsylvania; to acquire The
14M Schedule B. As such, respondents Asha J. Shah, co-trustees), 3490 Trust Citizens National Bank of Meyersdale,
either have been unable to report this (Deep J. Shah and Asha J. Shah, co- Meyersdale, Pennsylvania.
information or have been doing so trustees); 2764 Trust (Deep J. Shah and B. Federal Reserve Bank of St. Louis
asabaliauskas on DSK7TPTVN1PROD with NOTICES
inconsistently. During the 60 day public Shveta S. Raju, co-trustees); and Deep J. (Yvonne Sparks, Community
comment period, the Federal Reserve is Shah, all of Duluth, Georgia, to join the Development Officer) P.O. Box 442, St.
requesting industry feedback on the Shah Family control group, which Louis, Missouri 63166–2034:
item below. If respondents are controls voting shares of Touchmark 1. The Farmers and Merchants
concerned about providing this Bancshares, Inc., and thereby indirectly Bankshares, Inc., Stuttgart, Arkansas; to
information in a public comment letter, controls voting shares of Touchmark acquire 100 percent of the voting shares
the Federal Reserve recommends that National Bank, both in Alpharetta, of Bankshares of Fayetteville, Inc., and
responses be submitted anonymously. Georgia. thereby indirectly acquire voting shares
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Document Created: 2018-02-26 10:16:43
Document Modified: 2018-02-26 10:16:43
| Category | Regulatory Information | |
| Collection | Federal Register | |
| sudoc Class | AE 2.7: GS 4.107: AE 2.106: | |
| Publisher | Office of the Federal Register, National Archives and Records Administration | |
| Section | Notices | |
| FR Citation | 80 FR 55627 |
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