81 FR 22981 - Formations of, Acquisitions by, and Mergers of Bank Holding Companies

FEDERAL RESERVE SYSTEM

Federal Register Volume 81, Issue 75 (April 19, 2016)

Page Range		22981-22981
FR Document		2016-08984

Federal Register, Volume 81 Issue 75 (Tuesday, April 19, 2016)

[Federal Register Volume 81, Number 75 (Tuesday, April 19, 2016)]
[Notices]
[Page 22981]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-08984]



[[Page 22981]]

-----------------------------------------------------------------------

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 May 13, 2016.
    A. Federal Reserve Bank of Atlanta (Chapelle Davis, Assistant Vice 
President) 1000 Peachtree Street, NE., Atlanta, Georgia 30309. Comments 
can also be sent electronically to [email protected]:
    1. Sunshine Financial, Inc., Tallahassee, Florida; to become a bank 
holding company by acquiring 100 percent of voting shares of Sunshine 
Community Bank (Sunshine Savings Bank), Tallahassee, Florida, upon its 
conversion from a savings bank to a state chartered bank.

    Board of Governors of the Federal Reserve System, April 14, 
2016.
Margaret McCloskey Shanks,
Deputy Secretary of the Board.
[FR Doc. 2016-08984 Filed 4-18-16; 8:45 am]
 BILLING CODE 6210-01-P

Federal Register / Vol. 81, No. 75 / Tuesday, April 19, 2016 / Notices 22981

FEDERAL RESERVE SYSTEM FEDERAL RESERVE SYSTEM Board of Governors of the Federal Reserve
System, April 14, 2016.
Formations of, Acquisitions by, and Change in Bank Control Notices; Margaret McCloskey Shanks,
Mergers of Bank Holding Companies Formations of, Acquisitions by, and Deputy Secretary of the Board.
Mergers of Bank Holding Companies; [FR Doc. 2016–08981 Filed 4–18–16; 8:45 am]
The companies listed in this notice Correction BILLING CODE 6210–01–P
have applied to the Board for approval,
pursuant to the Bank Holding Company This notice corrects a notice (FR Doc.
Act of 1956 (12 U.S.C. 1841 et seq.) 2016–08204) published on page 21346 DEPARTMENT OF HEALTH AND
(BHC Act), Regulation Y (12 CFR part of the issue for Monday, April 11, 2016. HUMAN SERVICES
225), and all other applicable statutes Under the Federal Reserve Bank of St.
and regulations to become a bank Administration for Children and
Louis heading, the entry for Jeffery F. Families
holding company and/or to acquire the Teague and Sarah Shell Teague, as co-
assets or the ownership of, control of, or trustees of the Jeffery F. Teague and Submission for OMB Review;
the power to vote shares of a bank or Sarah Shell Teague Joint Revocable Comment Request
bank holding company and all of the Trust, all of El Dorado, Arkansas; Susan
banks and nonbanking companies Shell Allison, individually, and as Title: Child Support Noncustodial
owned by the bank holding company, trustee of the Susan Allison Parent Employment Demonstration
including the companies listed below. Testamentary Trust with power to vote (CSPED)
shares owned by her two minor OMB No.: 0970–439.
The applications listed below, as well Description: The Office of Child
as other related filings required by the children, all of Benton, Arkansas;
Support Enforcement (OCSE) within the
Board, are available for immediate Joseph Shell, individually, and as
Administration for Child and Families
inspection at the Federal Reserve Bank trustee of the Joe Shell Testamentary
at the U.S. Department of Health and
indicated. The applications will also be Trust with power to vote shares owned Human Services seeks an extension
available for inspection at the offices of by the Hanna Shell Irrevocable Trust, without change for an existing data
the Board of Governors. Interested and by his minor child, all of Batesville, collection called the Child Support
persons may express their views in Arkansas; Jay Shell with power to vote Noncustodial Parent Employment
writing on the standards enumerated in shares held by Carolyn Southerland Demonstration (CSPED) through
the BHC Act (12 U.S.C. 1842(c)). If the Shell Testamentary Trust and by High September 30, 2018 (OMB no. 0970–
proposal also involves the acquisition of Point Farms, Jayme Shell, Jessica Shell, 439; expiration date September 30,
a nonbanking company, the review also Mary K. Shell, all of Batesville, 2016). Under CSPED, OCSE has issued
includes whether the acquisition of the Arkansas; and John Allison, and Anna grants to eight state child support
nonbanking company complies with the Allison, both of Benton, Arkansas, all as agencies to provide employment,
standards in section 4 of the BHC Act members of the Allison-Shell-Teague parenting, and child support services to
(12 U.S.C. 1843). Unless otherwise family control group, is revised to read parents who are having difficulty
noted, nonbanking activities will be as follows: meeting their child support obligations.
conducted throughout the United States. 1. Jeffery F. Teague and Sarah Shell The overall objective of the CSPED
Teague, as co-trustees of the Jeffery F. evaluation is to document and evaluate
Unless otherwise noted, comments the effectiveness of the approaches
Teague and Sarah Shell Teague Joint
regarding each of these applications taken by these eight CSPED grantees.
Revocable Trust, all of El Dorado,
must be received at the Reserve Bank This evaluation will yield information
Arkansas; Susan Shell Allison,
indicated or the offices of the Board of about effective strategies for improving
individually, and as trustee of the Susan
Governors not later than May 13, 2016. child support payments by providing
Allison Testamentary Trust and with
A. Federal Reserve Bank of Atlanta power to vote shares owned by her two non-custodial parents employment and
(Chapelle Davis, Assistant Vice minor children, all of Benton, Arkansas; other services through child support
President) 1000 Peachtree Street, NE., Joseph Shell, individually, and as programs. It will generate extensive
Atlanta, Georgia 30309. Comments can trustee of the Joe Shell Testamentary information on how these programs
also be sent electronically to Trust and with power to vote shares operated, what they cost, the effects the
Applications.Comments@atl.frb.org: owned by the Hanna Shell Irrevocable programs had, and whether the benefits
Trust, by the Hunter Shell Irrevocable of the programs exceed their costs. The
1. Sunshine Financial, Inc., information gathered will be critical to
Tallahassee, Florida; to become a bank Trust, and by his minor child, all of
Batesville, Arkansas; Jay Shell with informing decisions related to future
holding company by acquiring 100 investments in child support-led
percent of voting shares of Sunshine power to vote shares held by Carolyn
Southerland Shell Testamentary Trust employment-focused programs for non-
Community Bank (Sunshine Savings custodial parents who have difficulty
Bank), Tallahassee, Florida, upon its and by High Point Farms, Jayme Shell,
meeting their child support obligations.
conversion from a savings bank to a Jessica Shell, Mary K. Shell, all of
The CSPED evaluation consists of the
state chartered bank. Batesville, Arkansas; and John Allison
following two interconnected
and Anna Allison, both of Benton,
Board of Governors of the Federal Reserve components or ‘‘studies’’:
Arkansas; to acquire and retain voting
mstockstill on DSK4VPTVN1PROD with NOTICES

System, April 14, 2016. 1. Implementation and Cost Study.
shares of Citizens Bancshares of The goal of the implementation and cost
Margaret McCloskey Shanks, Batesville, and thereby indirectly study is to provide a detailed
Deputy Secretary of the Board. acquire and retain voting shares of The description of the programs—how they
[FR Doc. 2016–08984 Filed 4–18–16; 8:45 am] Citizens Bank, both in Batesville, are implemented, their participants, the
BILLING CODE 6210–01–P Arkansas. contexts in which they are operated,
Comments on this application must their promising practices, and their
be received by April 26, 2016. costs. The detailed descriptions will

VerDate Sep<11>2014 18:02 Apr 18, 2016 Jkt 238001 PO 00000 Frm 00018 Fmt 4703 Sfmt 4703 E:\FR\FM\19APN1.SGM 19APN1

Document Created: 2016-04-19 00:16:06
Document Modified: 2016-04-19 00:16:06

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 22981