80_FR_67951 80 FR 67739 - Notice of Proposals To Engage in or To Acquire Companies Engaged in Permissible Nonbanking Activities

80 FR 67739 - Notice of Proposals To Engage in or To Acquire Companies Engaged in Permissible Nonbanking Activities

FEDERAL RESERVE SYSTEM

Federal Register Volume 80, Issue 212 (November 3, 2015)

Page Range67739-67740
FR Document2015-27981

Federal Register, Volume 80 Issue 212 (Tuesday, November 3, 2015)
[Federal Register Volume 80, Number 212 (Tuesday, November 3, 2015)]
[Notices]
[Pages 67739-67740]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2015-27981]


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FEDERAL RESERVE SYSTEM


Notice of Proposals To Engage in or To Acquire Companies Engaged 
in Permissible Nonbanking Activities

    The companies listed in this notice have given notice under section 
4 of the Bank Holding Company Act (12 U.S.C. 1843) (BHC Act) and 
Regulation Y, (12 CFR part 225) to engage de novo, or to acquire or 
control voting securities or assets of a company, including the 
companies listed below, that engages either directly or through a 
subsidiary or other company, in a nonbanking activity that is listed in 
Sec.  225.28 of Regulation Y (12 CFR 225.28) or that the Board has 
determined by Order to be closely related to banking and permissible 
for bank holding companies. Unless otherwise noted, these activities 
will be conducted throughout the United States.
    Each notice is available for inspection at the Federal Reserve Bank 
indicated. The notice also will be available for inspection at the 
offices of the Board of Governors. Interested persons may express their 
views in writing on the question whether the proposal complies with the 
standards of section 4 of the BHC Act.
    Unless otherwise noted, comments regarding the applications must be 
received at the Reserve Bank indicated or the offices of the Board of 
Governors not later than November 18, 2015.
    A. Federal Reserve Bank of Atlanta (Chapelle Davis, Assistant Vice 
President) 1000 Peachtree Street NE., Atlanta, Georgia 30309:
    1. Banco de Credito e Inversiones, Santiago, Chile; to acquire 
voting shares of BCI Securities, Inc., Miami, Florida, and thereby 
engage in certain institutional broker-dealer activities.


[[Page 67740]]


    Board of Governors of the Federal Reserve System, October 29, 
2015.
Michael J. Lewandowski,
Associate Secretary of the Board.
[FR Doc. 2015-27981 Filed 11-2-15; 8:45 am]
 BILLING CODE 6210-01-P



                                                                             Federal Register / Vol. 80, No. 212 / Tuesday, November 3, 2015 / Notices                                                  67739

                                                  information collection, contact Nicole                  this information collection does affect               and decreasing the total burden hours
                                                  Ongele at (202) 418–2991.                               individuals or households, and thus,                  for other requirements; eliminate some
                                                     To view a copy of this information                   there are impacts under the Privacy Act.              requirements as part of this information
                                                  collection request (ICR) submitted to                   The FCC’s system of records notice                    collection, because they are no longer
                                                  OMB: (1) Go to the Web page <http://                    (SORN), FCC/WCB–1, ‘‘Lifeline                         applicable; revise the FCC Form 555 and
                                                  www.reginfo.gov/public/do/PRAMain>,                     Program.’’ The Commission will use the                the accompanying instructions to
                                                  (2) look for the section of the Web page                information contained in FCC/WCB–1                    require ETCs to provide a Service
                                                  called ‘‘Currently Under Review,’’ (3)                  to cover the personally identifiable                  Provider Identification Number (SPIN);
                                                  click on the downward-pointing arrow                    information (PII) that is required as part            and make non-substantive changes to
                                                  in the ‘‘Select Agency’’ box below the                  of the Lifeline Program (‘‘Lifeline’’).               this information collection, pursuant to
                                                  ‘‘Currently Under Review’’ heading, (4)                    As required by the Privacy Act of                  44 U.S.C. 3507, to update the FCC Form
                                                  select ‘‘Federal Communications                         1974, as amended, 5 U.S.C. 552a, the                  497 Instructions and require the
                                                  Commission’’ from the list of agencies                  Commission also published a SORN,                     electronic filing of the FCC Forms 497
                                                  presented in the ‘‘Select Agency’’ box,                 FCC/WCB–1 ‘‘Lifeline Program’’ in the                 and 555. These updates do not modify
                                                  (5) click the ‘‘Submit’’ button to the                  Federal Register on December 6, 2013                  the burdens or costs contained in this
                                                  right of the ‘‘Select Agency’’ box, (6)                 (78 FR 73535).                                        information collection.
                                                  when the list of FCC ICRs currently                        Also, respondents may request                      Federal Communications Commission.
                                                  under review appears, look for the OMB                  materials or information submitted to
                                                                                                                                                                Marlene H. Dortch,
                                                  control number of this ICR and then                     the Commission or to the Universal
                                                                                                          Service Administrative Company                        Secretary.
                                                  click on the ICR Reference Number. A                                                                          [FR Doc. 2015–27927 Filed 11–2–15; 8:45 am]
                                                  copy of the FCC submission to OMB                       (USAC or Administrator) be withheld
                                                  will be displayed.                                      from public inspection under 47 CFR                   BILLING CODE 6712–01–P
                                                                                                          0.459 of the FCC’s rules. We note that
                                                  SUPPLEMENTARY INFORMATION:
                                                                                                          USAC must preserve the confidentiality
                                                     OMB Control Number: 3060–0819.                       of all data obtained from respondents;                FEDERAL RESERVE SYSTEM
                                                     Title: Lifeline and Link Up Reform                   must not use the data except for
                                                  and Modernization,                                      purposes of administering the universal               Notice of Proposals To Engage in or
                                                  Telecommunications Carriers Eligible                    service programs; and must not disclose               To Acquire Companies Engaged in
                                                  for Universal Service Support, Connect                  data in company-specific form unless                  Permissible Nonbanking Activities
                                                  America Fund.                                           directed to do so by the Commission.
                                                     Form Number: FCC Forms 497, 481 &                                                                             The companies listed in this notice
                                                                                                          Needs and Uses: The Commission will                   have given notice under section 4 of the
                                                  555.                                                    submit this information collection after
                                                     Type of Review: Revision of a                                                                              Bank Holding Company Act (12 U.S.C.
                                                                                                          this comment period to obtain the full,               1843) (BHC Act) and Regulation Y, (12
                                                  currently approved collection.                          three year clearance from the Office of
                                                     Respondents: Individuals or                                                                                CFR part 225) to engage de novo, or to
                                                                                                          Management and Budget (OMB). The                      acquire or control voting securities or
                                                  households and business or other for-                   Commission also proposes several
                                                  profit.                                                                                                       assets of a company, including the
                                                                                                          revisions to this information collection.             companies listed below, that engages
                                                     Number of Respondents: 28,009,115                    In June 2015, the Commission adopted                  either directly or through a subsidiary or
                                                  respondents; 30,541,922 responses.                      an order reforming its low-income                     other company, in a nonbanking activity
                                                     Estimated Time per Response: 0.0167                  universal service support mechanisms.                 that is listed in § 225.28 of Regulation Y
                                                  hours to 250 hours.                                     Lifeline and Link Up Reform and                       (12 CFR 225.28) or that the Board has
                                                     Frequency of Response: Daily or                      Modernization; Telecommunications                     determined by Order to be closely
                                                  monthly, every 60 days, annual,                         Carriers Eligible for Universal Service               related to banking and permissible for
                                                  biennial, on occasion reporting                         Support; Connect America Fund, WC                     bank holding companies. Unless
                                                  requirements, third party disclosure                    Docket Nos. 11–42, 09–197, 10–90,                     otherwise noted, these activities will be
                                                  requirement and record keeping                          Second Further Notice of Proposed                     conducted throughout the United States.
                                                  requirement.                                            Rulemaking, Order on Reconsideration,                    Each notice is available for inspection
                                                     Obligation to Respond: Required to                   Second Report and Order, and                          at the Federal Reserve Bank indicated.
                                                  obtain or retain benefits. Statutory                    Memorandum Opinion and Order,                         The notice also will be available for
                                                  authority is contained in Sections 1,                   (Lifeline Second Reform Order). This                  inspection at the offices of the Board of
                                                  4(i), 201–205, 214, 254, and 403 of the                 revised information collection addresses              Governors. Interested persons may
                                                  Communications Act of 1934, as                          requirements to carry out the programs                express their views in writing on the
                                                  amended, 47 U.S.C. 1, 4(i), 201–205,                    to which the Commission committed                     question whether the proposal complies
                                                  214, 254 and 403.                                       itself in the Lifeline Second Reform                  with the standards of section 4 of the
                                                     Total Annual Burden: 22,064,798                      Order. Under this information                         BHC Act.
                                                  hours.                                                  collection, the Commission seeks to                      Unless otherwise noted, comments
                                                     Total Annual Cost: None.                             revise the information collection to                  regarding the applications must be
                                                     Privacy Act Impact Assessment: Yes.                  comply with the Commission’s new                      received at the Reserve Bank indicated
                                                  The Commission completed a Privacy                      rules, adopted in the 2015 Lifeline                   or the offices of the Board of Governors
                                                  Impact Assessment (PIA) for some of the                 Second Reform Order, regarding the                    not later than November 18, 2015.
                                                  information collection requirements                     retention of subscriber eligibility                      A. Federal Reserve Bank of Atlanta
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                                                  contain in this collection. The PIA was                 documentation, eligible                               (Chapelle Davis, Assistant Vice
                                                  published in the Federal Register at 78                 telecommunications carrier (ETC)                      President) 1000 Peachtree Street NE.,
                                                  FR 73535 on December 6, 2013. The PIA                   designation, and ETC reimbursement                    Atlanta, Georgia 30309:
                                                  may be reviewed at: http://www.fcc.gov/                 under the Lifeline program; update the                   1. Banco de Credito e Inversiones,
                                                  omd/privacyact/Privacy_Impact_                          number of respondents for all the                     Santiago, Chile; to acquire voting shares
                                                  Assessment.html.                                        existing information collection                       of BCI Securities, Inc., Miami, Florida,
                                                     Nature and Extent of Confidentiality:                requirements, thus increasing the total               and thereby engage in certain
                                                  Some of the requirements contained in                   burden hours for some requirements                    institutional broker-dealer activities.


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                                                  67740                      Federal Register / Vol. 80, No. 212 / Tuesday, November 3, 2015 / Notices

                                                    Board of Governors of the Federal Reserve             indirectly acquire First Capital Bank,                your comment on paper, write ‘‘Step N
                                                  System, October 29, 2015.                               both in Glen Allen, Virginia.                         Grip, LLC—Consent Agreement; File
                                                  Michael J. Lewandowski,                                   C. Federal Reserve Bank of Chicago                  No. 151 0181’’ on your comment and on
                                                  Associate Secretary of the Board.                       (Colette A. Fried, Assistant Vice                     the envelope, and mail your comment to
                                                  [FR Doc. 2015–27981 Filed 11–2–15; 8:45 am]             President) 230 South LaSalle Street,                  the following address: Federal Trade
                                                  BILLING CODE 6210–01–P                                  Chicago, Illinois 60690–1414:                         Commission, Office of the Secretary,
                                                                                                            1. Community Financial Corp.,                       600 Pennsylvania Avenue NW., Suite
                                                                                                          Edgewood, Iowa; to acquire 100 percent                CC–5610 (Annex D), Washington, DC
                                                  FEDERAL RESERVE SYSTEM                                  of Linn County State Bank, Coggon,                    20580, or deliver your comment to the
                                                                                                          Iowa.                                                 following address: Federal Trade
                                                  Formations of, Acquisitions by, and                       D. Federal Reserve Bank of St. Louis                Commission, Office of the Secretary,
                                                  Mergers of Bank Holding Companies                       (Yvonne Sparks, Community                             Constitution Center, 400 7th Street SW.,
                                                                                                          Development Officer) P.O. Box 442, St.                5th Floor, Suite 5610 (Annex D),
                                                    The companies listed in this notice                   Louis, Missouri 63166–2034:                           Washington, DC 20024.
                                                  have applied to the Board for approval,                   1. Citizens Bancshares of Batesville,               FOR FURTHER INFORMATION CONTACT:
                                                  pursuant to the Bank Holding Company                    Inc., Batesville, Arkansas; to acquire 100
                                                  Act of 1956 (12 U.S.C. 1841 et se.) (BHC                                                                      Michael Turner (202–326–3649). Bureau
                                                                                                          percent of Parkway Bank, Rogers,                      of Competition, 600 Pennsylvania
                                                  Act), Regulation Y (12 CFR part 225),                   Arkansas.
                                                  and all other applicable statutes and                                                                         Avenue NW., Washington, DC 20580.
                                                                                                            E. Federal Reserve Bank of Dallas
                                                  regulations to become a bank holding                                                                          SUPPLEMENTARY INFORMATION: Pursuant
                                                                                                          (Robert L. Triplett III, Senior Vice
                                                  company and/or to acquire the assets or                 President) 2200 North Pearl Street,                   to Section 6(f) of the Federal Trade
                                                  the ownership of, control of, or the                    Dallas, Texas 75201–2272:                             Commission Act, 15 U.S.C. 46(f), and
                                                  power to vote shares of a bank or bank                    1. Normangee Bancshares, Inc.,                      FTC Rule 2.34, 16 CFR 2.34, notice is
                                                  holding company and all of the banks                    Normangee, Texas; to become a bank                    hereby given that the above-captioned
                                                  and nonbanking companies owned by                       holding company by acquiring 100                      consent agreement containing consent
                                                  the bank holding company, including                     percent of Normangee State Bank,                      order to cease and desist, having been
                                                  the companies listed below.                             Normangee, Texas.                                     filed with and accepted, subject to final
                                                    The applications listed below, as well                                                                      approval, by the Commission, has been
                                                                                                            Board of Governors of the Federal Reserve           placed on the public record for a period
                                                  as other related filings required by the                System, October 29, 2015.
                                                  Board, are available for immediate                                                                            of thirty (30) days. The following
                                                                                                          Michael J. Lewandowski,                               Analysis to Aid Public Comment
                                                  inspection at the Federal Reserve Bank                  Associate Secretary of the Board.
                                                  indicated. The applications will also be                                                                      describes the terms of the consent
                                                                                                          [FR Doc. 2015–27982 Filed 11–2–15; 8:45 am]           agreement, and the allegations in the
                                                  available for inspection at the offices of
                                                  the Board of Governors. Interested                      BILLING CODE 6210–01–P                                complaint. An electronic copy of the
                                                  persons may express their views in                                                                            full text of the consent agreement
                                                  writing on the standards enumerated in                                                                        package can be obtained from the FTC
                                                  the BHC Act (12 U.S.C. 1842(c)). If the                 FEDERAL TRADE COMMISSION                              Home Page (for October 27, 2015), on
                                                  proposal also involves the acquisition of                                                                     the World Wide Web, at http://www.ftc.
                                                                                                          [File No. 151 0181]
                                                  a nonbanking company, the review also                                                                         gov/os/actions.shtm.
                                                  includes whether the acquisition of the                 Step N Grip, LLC; Analysis To Aid                        You can file a comment online or on
                                                  nonbanking company complies with the                    Public Comment                                        paper. For the Commission to consider
                                                  standards in section 4 of the BHC Act                                                                         your comment, we must receive it on or
                                                                                                          AGENCY:    Federal Trade Commission.                  before November 27, 2015. Write ‘‘Step
                                                  (12 U.S.C. 1843). Unless otherwise
                                                  noted, nonbanking activities will be                    ACTION:   Proposed consent agreement.                 N Grip, LLC—Consent Agreement; File
                                                  conducted throughout the United States.                                                                       No. 151 0181’’ on your comment. Your
                                                                                                          SUMMARY:   The consent agreement in this              comment—including your name and
                                                    Unless otherwise noted, comments                      matter settles alleged violations of                  your state—will be placed on the public
                                                  regarding each of these applications                    federal law prohibiting unfair methods                record of this proceeding, including, to
                                                  must be received at the Reserve Bank                    of competition. The attached Analysis to              the extent practicable, on the public
                                                  indicated or the offices of the Board of                Aid Public Comment describes both the                 Commission Web site, at http://www.ftc.
                                                  Governors not later than November 27,                   allegations in the draft complaint and                gov/os/publiccomments.shtm. As a
                                                  2015.                                                   the terms of the consent order—                       matter of discretion, the Commission
                                                    A. Federal Reserve Bank of Cleveland                  embodied in the consent agreement—                    tries to remove individuals’ home
                                                  (Nadine Wallman, Vice President) 1455                   that would settle these allegations.                  contact information from comments
                                                  East Sixth Street, Cleveland, Ohio                      DATES: Comments must be received on                   before placing them on the Commission
                                                  44101–2566:                                             or before November 27, 2015.                          Web site.
                                                    1. Citizens National Corporation,                     ADDRESSES: Interested parties may file a                 Because your comment will be made
                                                  Winchester, Kentucky; to acquire 100                    comment at https://ftcpublic.comment                  public, you are solely responsible for
                                                  percent of the voting shares of Alliance                works.com/ftc/stepngripconsent online                 making sure that your comment does
                                                  Banking Company, Winchester,                            or on paper, by following the                         not include any sensitive personal
                                                  Kentucky.                                               instructions in the Request for Comment               information, like anyone’s Social
                                                    B. Federal Reserve Bank of Richmond
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                                                                                                          part of the SUPPLEMENTARY INFORMATION                 Security number, date of birth, driver’s
                                                  (Adam M. Drimer, Assistant Vice                         section below. Write ‘‘Step N Grip,                   license number or other state
                                                  President) 701 East Byrd Street,                        LLC—Consent Agreement; File No. 151                   identification number or foreign country
                                                  Richmond, Virginia 23261–4528:                          0181’’ on your comment and file your                  equivalent, passport number, financial
                                                    1. Park Sterling Corporation,                         comment online at https://ftcpublic.                  account number, or credit or debit card
                                                  Charlotte, North Carolina; to acquire                   commentworks.com/ftc/stepngrip                        number. You are also solely responsible
                                                  100 percent of the voting shares of First               consent by following the instructions on              for making sure that your comment does
                                                  Capital Bancorp, Inc., and thereby                      the web-based form. If you prefer to file             not include any sensitive health


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Document Created: 2018-03-01 11:33:13
Document Modified: 2018-03-01 11:33:13
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 67739 

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