80 FR 78232 - Formations of, Acquisitions by, and Mergers of Bank Holding Companies

FEDERAL RESERVE SYSTEM

Federal Register Volume 80, Issue 241 (December 16, 2015)

Page Range		78232-78232
FR Document		2015-31600

Federal Register, Volume 80 Issue 241 (Wednesday, December 16, 2015)

[Federal Register Volume 80, Number 241 (Wednesday, December 16, 2015)]
[Notices]
[Page 78232]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2015-31600]



[[Page 78232]]

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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 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 January 11, 2016.
    A. Federal Reserve Bank of Minneapolis (Jacquelyn K. Brunmeier, 
Assistant Vice President) 90 Hennepin Avenue, Minneapolis, Minnesota 
55480-0291:
    1. Bank Forward Employee Stock Ownership Plan and Trust, Fargo, 
North Dakota, to become a bank holding company, by retaining at least 
25 percent of the voting shares of Security State Bank Holding Company, 
Fargo, North Dakota, and thereby indirectly retain voting shares of 
Bank Forward, Hannaford, North Dakota.
    In connection with this application, Security State Bank Holding 
Company and Bank Forward Employee Stock Ownership Plan and Trust, 
through Bank Forward have also applied to engage in extending credit 
and servicing loans, pursuant to section 225.28(b)(1).

    Board of Governors of the Federal Reserve System, December 11, 
2015.
Margaret McCloskey Shanks,
Deputy Secretary of the Board.
[FR Doc. 2015-31600 Filed 12-15-15; 8:45 am]
BILLING CODE 6210-01-P

78232 Federal Register / Vol. 80, No. 241 / Wednesday, December 16, 2015 / Notices

FEDERAL RESERVE SYSTEM Board of Governors of the Federal Reserve collection. Comments received generally
System, December 11, 2015. will be posted without change to
Formations of, Acquisitions by, and Margaret McCloskey Shanks, http://www.regulations.gov, including
Mergers of Bank Holding Companies Deputy Secretary of the Board. any personal and/or business
[FR Doc. 2015–31600 Filed 12–15–15; 8:45 am] confidential information provided. To
The companies listed in this notice BILLING CODE 6210–01–P confirm receipt of your comment(s),
have applied to the Board for approval, please check www.regulations.gov,
pursuant to the Bank Holding Company approximately two to three days after
Act of 1956 (12 U.S.C. 1841 et seq.) DEPARTMENT OF DEFENSE submission to verify posting (except
(BHC Act), Regulation Y (12 CFR part allow 30 days for posting of comments
225), and all other applicable statutes GENERAL SERVICES submitted by mail).
and regulations to become a bank ADMINISTRATION FOR FURTHER INFORMATION CONTACT: Mr.
holding company and/or to acquire the Charles Gray, Procurement Analyst,
assets or the ownership of, control of, or NATIONAL AERONAUTICS AND Office of Acquisition Policy, GSA 202–
the power to vote shares of a bank or SPACE ADMINISTRATION 208–6726 or email charles.gray@
bank holding company and all of the [OMB Control No. 9000–0101; Docket 2015– gsa.gov.
banks and nonbanking companies 0055; Sequence 32] SUPPLEMENTARY INFORMATION:
owned by the bank holding company,
including the companies listed below. Information Collection; Drug-Free A. Purpose
Workplace FAR clause 52.223–6, Drug-Free
The applications listed below, as well
as other related filings required by the AGENCY: Department of Defense (DOD), Workplace, requires (1) contractor
Board, are available for immediate General Services Administration (GSA), employees to notify their employer of
inspection at the Federal Reserve Bank and National Aeronautics and Space any criminal drug statute conviction for
Administration (NASA). a violation occurring in the workplace;
indicated. The applications will also be
and (2) Government contractors, after
available for inspection at the offices of ACTION: Notice of request for public
receiving notice of such conviction, to
the Board of Governors. Interested comments regarding an extension of an notify the contracting officer. The clause
persons may express their views in existing OMB clearance. is not applicable to commercial items,
writing on the standards enumerated in contracts at or below simplified
the BHC Act (12 U.S.C. 1842(c)). If the SUMMARY: Under the provisions of the
Paperwork Reduction Act, the acquisition threshold (unless awarded
proposal also involves the acquisition of to an individual), and contracts
a nonbanking company, the review also Regulatory Secretariat Division will be
submitting to the Office of Management performed outside the United States or
includes whether the acquisition of the by law enforcement agencies. The
and Budget (OMB) a request to review
nonbanking company complies with the clause implements the Drug-Free
and approve an extension of a
standards in section 4 of the BHC Act Workplace Act of 1988 (Pub. L. 100–
previously approved information
(12 U.S.C. 1843). Unless otherwise collection requirement concerning drug- 690).
noted, nonbanking activities will be free workplace. The information provided to the
conducted throughout the United States. Government is used to determine
DATES: Submit comments on or before
Unless otherwise noted, comments contractor compliance with the
February 16, 2016.
regarding each of these applications statutory requirements to maintain a
ADDRESSES: Submit comments drug-free workplace.
must be received at the Reserve Bank identified by Information Collection
indicated or the offices of the Board of 9000–0101, Drug-Free Workplace, by B. Annual Reporting Burden
Governors not later than January 11, any of the following methods: Respondents: 598.
2016. • Regulations.gov: http:// Responses per Respondent: 1.
A. Federal Reserve Bank of www.regulations.gov. Submit comments Annual Responses: 598.
Minneapolis (Jacquelyn K. Brunmeier, via the Federal eRulemaking portal by Hours per Response: .5.
Assistant Vice President) 90 Hennepin searching the OMB control number. Total Burden Hours: 299.
Avenue, Minneapolis, Minnesota Select the link ‘‘Submit a Comment’’
that corresponds with ‘‘Information C. Public Comments
55480–0291:
Collection 9000–0101, Drug-Free Public comments are particularly
1. Bank Forward Employee Stock Workplace’’. Follow the instructions invited on: Whether this collection of
Ownership Plan and Trust, Fargo, North provided at the ‘‘Submit a Comment’’ information is necessary for the proper
Dakota, to become a bank holding screen. Please include your name, performance of functions of the Federal
company, by retaining at least 25 company name (if any), and Acquisition Regulations (FAR), and
percent of the voting shares of Security ‘‘Information Collection 9000–0101, whether it will have practical utility;
State Bank Holding Company, Fargo, Drug-Free Workplace’’ on your attached whether our estimate of the public
North Dakota, and thereby indirectly document. burden of this collection of information
retain voting shares of Bank Forward, • Mail: General Services is accurate, and based on valid
Hannaford, North Dakota. Administration, Regulatory Secretariat assumptions and methodology; ways to
In connection with this application, Division (MVCB), 1800 F Street NW., enhance the quality, utility, and clarity
tkelley on DSK9F6TC42PROD with NOTICES

Security State Bank Holding Company Washington, DC 20405. ATTN: Ms. of the information to be collected; and
and Bank Forward Employee Stock Flowers/IC 9000–0101, Drug-Free ways in which we can minimize the
Ownership Plan and Trust, through Workplace. burden of the collection of information
Bank Forward have also applied to Instructions: Please submit comments on those who are to respond, through
engage in extending credit and servicing only and cite Information Collection the use of appropriate technological
9000–0101, Drug-Free Workplace, in all collection techniques or other forms of
loans, pursuant to section 225.28(b)(1).
correspondence related to this information technology.

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Document Created: 2015-12-16 01:01:17
Document Modified: 2015-12-16 01:01:17

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 78232