81 FR 1948 - Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company

FEDERAL RESERVE SYSTEM

Federal Register Volume 81, Issue 9 (January 14, 2016)

Page Range		1948-1948
FR Document		2016-00598

Federal Register, Volume 81 Issue 9 (Thursday, January 14, 2016)

[Federal Register Volume 81, Number 9 (Thursday, January 14, 2016)]
[Notices]
[Page 1948]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-00598]


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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 January 29, 2016.
    A. Federal Reserve Bank of Minneapolis (Jacquelyn K. Brunmeier, 
Assistant Vice President) 90 Hennepin Avenue, Minneapolis, Minnesota 
55480-0291:
    1. David L. Friedrichsen, Palm Harbor, Florida, and Robin R. 
Hanson, as trustees of The Friedrichsen DLF Irrevocable Inheritance 
Trust dated December 8, 2015; The Friedrichsen KEF Irrevocable 
Inheritance Trust dated December 8, 2015; The Friedrichsen KMC 
Irrevocable Inheritance Trust dated December 8, 2015; and The 
Friedrichsen RRH Irrevocable Inheritance Trust dated December 8, 2015, 
all of Farmington, Minnesota, and as members of the Friedrichsen family 
shareholder group acting in concert; to acquire voting shares of 
Citizens Investment Co., Inc., and thereby indirectly acquire voting 
shares of Citizens State Bank of Glenville, both in Glenville, 
Minnesota.

    Board of Governors of the Federal Reserve System, January 11, 
2016.
Michael J. Lewandowski,
Associate Secretary of the Board.
[FR Doc. 2016-00598 Filed 1-13-16; 8:45 am]
 BILLING CODE 6210-01-P

1948 Federal Register / Vol. 81, No. 9 / Thursday, January 14, 2016 / Notices

opportunity to comment on these sugarcane, cane (indirect or inadvertent FEDERAL RESERVE SYSTEM
applications. Notice of receipt of 264– residues).
[Docket No. 1530 RIN 7100 AE 44]
1078; 264–1084; 264–1085; 264–1090; Authority: 7 U.S.C. 136 et seq.
264–1091(end-use); 264–1077 Regulation Q; Regulatory Capital
(technical). Dated: January 7, 2016.
Susan Lewis, Rules: Risk-Based Capital Surcharges
Docket ID number: EPA–HQ–OPP–
for Global Systemically Important Bank
2015–0443. Applicant: Bayer Director, Registration Division, Office of
Pesticide Programs. Holding Companies
CropScience, 2 T.W. Alexander Drive,
Research Triangle Park, NC 27709. [FR Doc. 2016–00535 Filed 1–13–16; 8:45 am] AGENCY: Board of Governors of the
These applications do not imply a BILLING CODE 6560–50–P Federal Reserve System.
decision by the Agency on these ACTION: Notice.
applications. Active ingredient:
Fluopyram. Product type: Fungicide. FEDERAL RESERVE SYSTEM SUMMARY: The Board of Governors of the
Proposed uses: Artichoke, globe; Federal Reserve System (Board) is
aspirated grain fractions; peanut hay; Change in Bank Control Notices; providing this notice pursuant to the
hops; root vegetables, except beet, sugar, Acquisitions of Shares of a Bank or Board’s rule regarding risk-based capital
root, crop subgroup 1B; tuberous and Bank Holding Company surcharges for global systemically
corm vegetables, crop subgroup 1C; important bank holding companies
potato wet peel; vegetables, leaves of The notificants listed below have (GSIB surcharge rule). The GSIB
root and tuber, crop group 2; bulb applied under the Change in Bank surcharge rule provides that the Board
vegetables, bulb onion (crop subgroup Control Act (12 U.S.C. 1817(j)) and will publish each year the aggregate
3–07A); bulb vegetables, green onions § 225.41 of the Board’s Regulation Y (12 global indicator amounts for purposes of
(crop subgroup 3–07B); leafy greens CFR 225.41) to acquire shares of a bank a calculation required under the rule.
(crop subgroup 4A), without spinach; or bank holding company. The factors Accordingly, and pursuant to the GSIB
leafy greens (crop subgroup 4A) that are considered in acting on the surcharge rule, the Board is hereby
spinach; leafy petioles subgroup, celery notices are set forth in paragraph 7 of publishing the aggregate global indicator
(crop subgroup 4B); brassica leafy the Act (12 U.S.C. 1817(j)(7)). amounts for 2015.
vegetables: Head and stem (crop The notices are available for DATES: Effective: January 14, 2016.
subgroup 5A); brassica leafy vegetables: immediate inspection at the Federal FOR FURTHER INFORMATION CONTACT:
Leafy greens (crop subgroup 5B); Reserve Bank indicated. The notices Anna Lee Hewko, Deputy Associate
soybean forage; soybean hay; legume also will be available for inspection at Director, (202) 530–6260, Constance M.
vegetables: Edible podded (crop the offices of the Board of Governors. Horsley, Assistant Director, (202) 452–
subgroup 6A); legume vegetables: Interested persons may express their 5239, Juan C. Climent, Manager, (202)
Succulent shelled peas and beans (crop views in writing to the Reserve Bank 872–7526, or Holly Kirkpatrick,
subgroup 6B); legume vegetables: Dried indicated for that notice or to the offices Supervisory Financial Analyst, (202)
shelled peas and beans (crop subgroup of the Board of Governors. Comments 452–2796, Division of Banking
6C); vegetable, foliage of legume must be received not later than January Supervision and Regulation; or
vegetables, forage, hay and vines, forage 29, 2016. Benjamin McDonough, Special Counsel,
(crop group 7); fruiting vegetables, A. Federal Reserve Bank of (202) 452–2036, or Mark Buresh, Senior
tomato subgroup (crop subgroup 8– Minneapolis (Jacquelyn K. Brunmeier, Attorney, (202) 452–5270, Legal
10A); fruiting vegetables, pepper/ Assistant Vice President) 90 Hennepin Division. Board of Governors of the
eggplant subgroup (crop subgroup 8– Avenue, Minneapolis, Minnesota Federal Reserve System, 20th and C
10B); cucurbit vegetables (crop group 55480–0291: Streets NW., Washington, DC 20551. For
9A), melon subgroup; cucurbit 1. David L. Friedrichsen, Palm the hearing impaired only,
vegetables (crop group 9B), cucumber/ Harbor, Florida, and Robin R. Hanson, Telecommunications Device for the Deaf
squash subgroup; citrus fruits (crop as trustees of The Friedrichsen DLF (TDD) users may contact (202) 263–
group 10–10); citrus oil; pome fruit Irrevocable Inheritance Trust dated 4869.
(crop group 11–10); stone fruit (crop December 8, 2015; The Friedrichsen
group 12–12A), cherry subgroup; stone KEF Irrevocable Inheritance Trust dated SUPPLEMENTARY INFORMATION: The
fruit (crop group 12–12B), peach December 8, 2015; The Friedrichsen Board’s GSIB surcharge rule establishes
subgroup; stone fruit (crop group 12– KMC Irrevocable Inheritance Trust a methodology to identify global
12C), plum subgroup; berries and small dated December 8, 2015; and The systemically important bank holding
fruit: Caneberry (crop subgroup 13– Friedrichsen RRH Irrevocable companies in the United States (GSIBs)
07A); berries and small fruit: Bushberry Inheritance Trust dated December 8, based on indicators that are correlated
(crop subgroup 13–07B); raisins at 4.0 2015, all of Farmington, Minnesota, and with systemic importance.1 Under the
ppm; berries and small fruit, small fruit as members of the Friedrichsen family GSIB surcharge rule, a firm must
vine climbing, except fuzzy kiwi (crop shareholder group acting in concert; to calculate its GSIB score using a specific
subgroup 13–07F); berries and small acquire voting shares of Citizens formula (Method 1). Method 1 uses five
fruit: Low growing berry (crop subgroup Investment Co., Inc., and thereby equally-weighted categories that are
13–07G); sorghum, grain; wheat milled indirectly acquire voting shares of correlated with systemic importance—
by-products; grass forage, fodder and Citizens State Bank of Glenville, both in size, interconnectedness, cross-
mstockstill on DSK4VPTVN1PROD with NOTICES

hay: Forage (crop group 17); herb crop Glenville, Minnesota. jurisdictional activity, substitutability,
(subcrop group 19A); dill seed; herbs, and complexity—and subdivided into
dried; oilseeds, rapeseed, canola (crop Board of Governors of the Federal Reserve twelve systemic indicators. For each
System, January 11, 2016.
subgroup 20A); oilseeds, sunflower, indicator, a firm divides its own
seed (crop subgroup 20B); oilseeds: Michael J. Lewandowski, measure of each systemic indicator by
Cottonseed (crop subgroup 20C); Associate Secretary of the Board. an aggregate global indicator amount.
chicken, meat byproducts; chicken, fat; [FR Doc. 2016–00598 Filed 1–13–16; 8:45 am]
chicken, meat; goat, fat; goat, meat; BILLING CODE 6210–01–P 1 See 12 CFR 217.402, 217.404.

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Document Created: 2016-01-14 02:51:05
Document Modified: 2016-01-14 02:51:05

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		81 FR 1948